Still awaiting for your enlightening technical reasons why LTR...

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crustymagyver

1,987 Posts.

239

02/03/21

15:33

Post #: 51456408
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Originally posted by Blythefan: ↑

Thanks for doing this, saved me the effort. Remember that LTR also hedged their bets that true width could be as little as 50%.

2m @ 10g/t true width at 150m vertical is great, and a 20m wide zone of mineralisation is great.

But is it $200M market capitalisation great considering this has now all but killed off the Julimar nearology?

LTR went from 10c to 40c on it's Julimarish / Goyderist nearology and fanboyisms and then, after weeks of the geologists apparent being unable to admit they had no nickel or PGE's and were unable to pick mafic vs ultramafic rock in the aircore end of hole samples, to confirm there was no Julimar, suddenly it's looking more like some form of porphyry/VMS/alteration system with a possible lode gold overprint, and everyone's just throwing their hats up instead of thinking "Welp, my investment thesis here is dead, time for me to ask if some lithium at the Moho and some Cu-Au is worth $800M market capitalisation today."

Guess it's that time of the boom.

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Still awaiting for your enlightening technical reasons why LTR is over valued on the LIT side as you claimed in a previous post. Again I will suggest to you that Lit is the main game and anything that Moora turns up is an absolute bonus. LTR not a one trick pony like your copper play that has just been sold down on news.

LTR Price at posting: 50.0¢ Sentiment: Hold Disclosure: Held
21 Upvote

0 Great analysis

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