And some of the others, are priced as shells. Others priced at 2...

And some of the others, are priced as shells. Others priced at 2 x shell, 3 x shell.
An interesting bet emerges that those who are at the very bottom, will again look to a new sector.
When a stock fails in one sector, new management that comes with the new sector acquisition, a hot sector presents the best rational for a micro stock to raise the funds to get that heart beat again. C29 (formerly copper) acquired some very hot Uranium property in Kazakhstan. The very best location if you actually want to become a uranium miner. And they have very fertile ground with historic. That is the sort of thing, which any of the plethora of shell priced lithium need to do also.

Meanwhile, it is the few who in the lithium sector, made that discovery when the funds were available in the market to do it. That required fertile ground. Any of the other shells could have if they had the luck of the fertility and a first round drill success, before the clock ran out on the lithium price fever. That is not to discount that in the next lithium wave more funds could discover. But consider that if we had focused solely on Cancet. We might be stranded in the 20-30m mc area, and while benefiting from CFTF, still not delivering the tangible kings feast, that separates us now, into a league ahead of all with at Adina / Renard.

It is a roll of the dice, you first need to have buried treasure, and you also need to look in the right place, when the market is hot that provides the cash inflows to fill your warchest to maintain your sector dominance. We have achieved that, and have that discovery come development Renard momentum to attract the larger pool of funds into the select few winners group. Money flow. The big bets, will tunnel their vision, just has Howard has. And more so, as we are discounted to peers on all metrics. Yet that is the reward multiple for buying and holding, which sees those discounted, emerge to full value developers.

In a market that raising funds is the most difficult thing to do, and have that money in the bank to carry your momentum, though not at an ideal price point, still decent with CFTF compared to others outside of Canada, it is emotionally inept who decide to exit, because we have raised, and we have naturally come back to the block trade level. It is what comes next that should be front and center to the investor, and our peer discount can at any time uplifted by the unseen hand. Or what lingers in strategic / corporate. You just need to put all those marbles on one side and ask, what that really looks like. A near 1 billion dollar infrastructure acquisition for 52m. A low risk approvals pathway. A hub at Renard. The transition from whatever you want to call the rest of the flea market, to what we are becoming. Royalty. And the big end that will take yours cheaply if you dont know how to keep it locked down in your bottom draws. What makes the few, the ingredients to become the next LTR. ? If you cant look in the winning matrix and understand that we are ticking those boxes, and are impatiently distracted buy the inconvenience of a CR pull back, then you are not fit, to keep your eyes on the prize, that others will ride without you.