Yeah I have to agree with 2chance. Thing is there is room for both companies to do well. If Sileach proved it's worth to a much larger degree of certainty, it would be a gold mine.
But it's got a long way to go IMO, however some of LITs tenements are quite promising, nearology speaking. If the focus was more on developing those assets LIT could have done very well.
But that's my opinion and the market can choose for itself. A combined company would have too many irons in the fire. Very hard to get any of these possibilities into a revenue making position. Needs intense focus. It would all be a bit much I believe.
LIT Price at posting:
12.5¢ Sentiment: Buy Disclosure: Not Held
