CXO 0.00% 10.5¢ core lithium ltd

it is good to see another junior lithium explorer getting some...

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  1. 190 Posts.
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    it is good to see another junior lithium explorer getting some action....reminds me of when I first got into the two big lithium companies back when they were at 1 cent range....but just some advice from my experience...take the profits when you can...I know this has been said before, but a friend and I both indicate that we should've taken the profits earlier.....

    just a couple of points that IMO I think should be considered here:
    • no solid information on the resource size, could be a lot or could be a bit,
    • depth to resource...if it becomes to deep, then costs versus return might not be profitable to mine, yet
    • time to get the resource to the market....if the time frame to get product to market is lengthy (PFS, DFS, mining approvals, EIA, etc) then no money coming in...SP may not hold up so well,
    • length of time to build a processing plant, these things don't pop up over night....

    there are more points, but I hope you see my point of view....and no this isn't down ramping I am just sharing some insight I have gained from playing in lithium shares for a while. from what I have read from some very knowledgeable people on HC, it is the company that can get the product into the market first that will be the hot property.

    GLTA
 
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