Well I sold out a few weeks back. Thank the gods. Still at a loss though!
However I can see some positives and standing by to re-enter.
Covid has been devastating in the area…First Nations Agreement processes, assay delays etc held up.
Providing the due diligence goes well we should see something delivered from the Lithium deal. A bit of slow cash, not enough to avoid another CR but welcome cash injections as ADV moves forward in drilling the Western zones. If Lithium goes well at least we still have a finger in the pie..as short as it is.
Hear the calls for RL to resign…but those calls should at least nominate his replacement too!. Personally i judge RL as legit and experienced. Like investors feeling the pain of a bit of bad luck rather than just bad management. Its always a mix of factors.
Neigbours still hitting sweetspots not far from our dusters.
Huge high potential opprtunities to go for ADV.
Will be back in. ..well soon..probably after the CR.
Fox
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