GMN 0.00% 0.3¢ gold mountain limited

Ann: Proposed Acquisition of Significant Li Tenements in Brazil, page-76

  1. 478 Posts.
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    IMO the idea that the SLM quarry was unknown to rock-hoppers is a myth.
    It is very possible that several months ago the GMN BOD had to make a decision; invest time/money on a company-maker, or concentrate on a mega-company-maker (Mars). Doing both might have been an over-reach and inconsistent with Mars' (personal) requirements.
    We all find some comfort in some visuals, so consider these . . .
    ASX Announcement 26 October 2022
    Exploration and Due Diligence in Brazil Uncovers Potential Lithium Bearing Pegmatites ( URL )
    Photographs 1 & 2 are from GMN's Juremal claims (first acquisitions from Mars) that lie mid-way between SLM's quarry and
    the Brazilian city Petrolina ( URL "beautiful rock" ). No doubt about that.
    Enjoy.
    PS: It may be that the principal constraint on future exploration in this region is not competition for capital, but competition for land.
 
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