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02/10/22
20:35
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Originally posted by ANTON707:
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By memory last chunk of shares were sold at 2,6$, GL1 now 2,1$ and going down. G1 will soon need a CR. Overnight another crash in US with exception of Gold stocks. A rotation into gold is forming. BRB is a gold explorer it is the clear statement, any collateral asset to fund the gold vision. Chasing the hype can be very dangerous especially with current global recession in the make. Probably the 20% of Manna cannot fully fund the mill at the moment with current valuations but perhaps it can produce a big piece of it. Can be sold to MIN off market, lots of options. Timing wise you can't hold the GL1 shares as you have to fund the company operations without further dilution. If there is more lithium in BRB tenement, very likely IMO, it will be pursued in some form.
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Lithium aint no hype Tesla's business model which lithium is essential aint hype neither We can argue whether Tom gave away the lithium or not but what isnt in doubt we are a gold company so where monetisation of this resource because its taking way too long