I see that he said they have nothing which I think in general...

I see that he said they have nothing which I think in general terms is too strong.
He is probably getting like me and tired of the never ending announcements and excitement from stocks that have little chance of commercial success.
I don't regard many North American plays as having nothing.
Most have something but it's the something that's the issue.

Generally speaking the pegmatites are spread over a wider area, access is difficult, weather is difficult and strip ratios are poor. Generally speaking !!!
I recommend anyone investing in North America research RB Energy.
I held ADV in the early days but then decided to stay out of anything in that region.
I think if demand/pricing exceeds expectations after 2022 they may have a chance to develop something. That's too long imo and I can't for the life of me see anything possible before then.

Gold I would not comment on because I don't know.
Therefore I don't know what value to attribute.

Australian assets probably doubtful at best for any kind of commercial resource.


Of course I wish holders the best of luck. 80% is fact and 20% is lottery so yes there is always a chance. I just don't like the odds. I have resisted playing these stocks even though there has been good returns for some because I'm not a trader.