Been overseas and distracted by other issues of late. Limiting Xposure - many pumps and BS pedallers. CY5 is still in with a good chance as an explorer, but PMT and WR1 really on the move project wise. PMT is fairly valued on JORC, WR1 will get a kick from resource upgrade especially if it’s into M&I territory. I still think PMT need to prove up a good resource on dry land to get started as permitting still has hurdles that will delay mining in the lake. Their own data puts the lake at 20m depth at the eastern end of their resource, and there are likely fish breeding and migration issues still to address. It’s an order of magnitude greater impact than other mines touted as examples IMO. Lots of BS in anns and socials downplaying the issue. Ken’s move to Canada was a smart one, as is WR1 assessment option for Renard.
Be nimble with capital atm. Don’t take my advice.
CY5 Price at posting:
7.8¢ Sentiment: Hold Disclosure: Held
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