Ann: Spectacular Zinc Intersection & Sulphide Discovery - Manindi, page-138

Market will correct itself eventually. It always does. During times like these it is very easy to lose sight of the bigger picture. Key point is this company owns assets in ideal countries (graphite and hopefully lithium) essential for the production EV's. At the very least, Canada will be an integral part of the ever growing appetite for these battery manufacturers to access our graphite resource which could still easily double. Imo, that could nearly justify the market cap alone at present.

Throw in a tiny market cap, additional lithium/zinc/rubidium discoveries and this could blow out very fast again. Company have certainly ticked many boxes imo recently and some of these are as follows;

* Timely and successful consolidation which has enabled heads price to grow steadily and often quickly ( it has still doubled its value from its original opening price of approx 4c post consolidation).
* Successful conversion of many B options securing important and good flow for the companies future developments.
* Approx 15m in the bank after the conversion of the options.
* Frequent and regular updates (Lithium & Zinc).

Not sure the company can do much more at present, and without the timing of the updates/drilling, many of these options would not have been converted. MLS need to take some credit for that.

For a company dead and buried by many only half a year ago, it has sure picked itself up off the ground and has at least placed itself in a position to become a world wide producer of key battery metals. Time will tell if it can. That's why it is still a speculative stock.

Company can't control market sentiment at present, and MLS is not the only stock to have taken a hit over the past fortnight. There are plenty of others well in the red.

Good times ahead and bigger picture for mine......

DYOR