Yep but those lithium companies have results.These results are...

Yep but those lithium companies have results.

These results are not encouraging and now they have to drill for more and see if they hit something different. Could take several months, do you think investors are gonna wait that long. Hence the selling and moving onto a company that has actually hit something.

This IMO will slowly dwindle down maybe see 11 cents IMO

Comes with the territory risk v reward. If they hit something monstrous would be 5 folds up, but if they miss, well this happens. I'm sure investors were aware. Now they move on to the next gamble....