Agree. Id rather this massive dilution and a crack at something than do nothing at all and just pay directors.
From what i could gather on CEO.CA Dixie just sat on their hands after aquiring what looks like one hell of a portfolio. The MD was a lawyer, not a mining engineer or Geo. Omnia have alot on their plate now.
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The lithium although a bit remote looks great. Lots of existing mines up there (had a freind who was a sparky years ago in one of the gold mines).
- Big Bird Lithium Pegmatite - 1,280 m strike length, 1.24% Li2O over 34.3 m
- Curlew Lithium Pegmatite - 400 m strike length, 1.72% over 14.87 m
- 6.0 m channel sample grading 4.5% Li2O
- 7.0 m channel sample grading 3.3% Li2O
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Athabasca uranium looks good as well. Probably next to Khazhakstan best place in the world for uranium.----------------------------------------------------------
- District-scale, leading tenure position in the Western Athabasca Basin covering more uranium exploration corridors than any other uranium company in the district
- Adjacent to NexGen Energy Ltd.'s Rook-1 Project hosting the Arrow discovery
- Drill-ready project with approx. $4.7M of exploration invested in project since its acquisition in 2013
- Currently owned 50% by Dixie Gold Inc. and 50% by Skyharbour Resources Ltd.
if Gold moons in 2024 as many predict, their gold land next to Great Bears old land now Kinross (2.7 Moz. indicated and 2.3 Moz. inferred) could also be a belter.
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Lithium, Uranium and Gold. 3 commodities that most analsyts predict to have a bumper 2024. If James can get drilling and steady news flow comes timing could be perfect.
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Agree. Id rather this massive dilution and a crack at something...
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