Does anyone know how big Camel Lake deposit is? Area 6128? And is the pure stuff found all over or just in one bit of that area? Doesn't really matter, hopefully the future studies will say. Just by eye it looks like it may be a third or a bit more of the whole combined site(s). That's where the mega pure stuff seems to be coming from, and mega pure is usually where the big money is made, especially these high tech possibilities.
But there is evidently quite some intermediate mkt for high purity but not mega high purity, low enough so that Carey's Well can be mixed in. Very much looking forward to the study to be completed so that we can start to get some questions answered and get a handle on what value could really be.
If the study comes in positive then with such low institutional holdings then there could be some pretty robust demand for shares to come! Fingers crossed.
ADN Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held
