The stock market down 1.9 percent, stocks being trashed and we ran.
Ill repeat again that every company in that area before mining hit a 100 million dollar market cap before drilling. With stronger initial results, historical drilling by May drilling hitting spodumene 43 m down, kilometres of outcropped pegmatites, larger land than CXO in NT, shit ton of amblygonite at surface and as Jerko puts it same as “CXO” we have a ton more to run for fair value of 70 cents to $1. However after reading the annual report and with the approval of two more tenements neighbouring CXO which are imminent like the one from Tuesday as they were submitted on the same day months ago, I’m now very confident we will go north of $1 and we already know we have spodumene underneath the surface from May drilling but if it extends in all directions I truely believe $2 is on the cards short term.
This does not take into play the gold results and field works from Alaska neighbouring NVA which suggest they extend into our tenement and the Halloysite results that extend from LRS. If these come into play then my projection goes higher.
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