RGL 0.00% 0.3¢ riversgold limited

As Julian previously mentioned, there has been a lot of...

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  1. 6,701 Posts.
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    As Julian previously mentioned, there has been a lot of historical gold exploration in WA. Throughout this exploration period, numerous pegmatites were logged and recorded. We are in the fortunate position where we can use these logged pegmatites as a starting point to try and identify which of them might contain lithium.

    Interesting move to use the DGPR at Mt Holland. As Julian has alluded to, Mt Holland has more complex geology compared with Pilbara / Tambourah. From the previous announcement, there only appeared to be thin slivers of pegmatites adjacent to us that were running north / south, so it will be interesting to see what they come up with.. Let's not forget the "magnetic bulls eye" at Mt Holland that Julian is itching to stick the drill into.

    Perennial commodity price manipulators Goldman Sachs and Credit Suisse have dug the boots into the lithium sector just recently. The last time they did this they were caught buying up into lithium companies. Best to take their advice / reports with a grain of salt me thinks. smile.png
 
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