i suspect you may have promoted the same investment view/wisdom to many new FMG shareholders when those shares raced from 25 cents to $2.50 on speculation.
Wildcat shareholders may have similar reasons to be super optimistic about the lithium potential of the Wildcat’s leases, and putting their money where their market instincts dictate.
I don’t think you could ignore the impressive geological positioning of those Wildcat leases, the quality of the Board, the magnitude and geological setting of an existing world class (by factor x3) tantalum deposit, on a granted mining lease, in close proximity to the worlds largest bulk export port, and the other nearby world class lithium deposits.
Greenbushes is obviously a world class tantalum deposit that also just happens to host a world class lithium deposit.
It may be a bit early for anyone to credibly comment on the near term size/grade potential of the first deposit at Tabba Tabba .. as they have only just started the drilling… but it does look great.
If you genuinely think the Wildcat stock is grossly over valued, maybe you should consider shorting the stock and we can monitor how well that works out for you over the next 6 months.
I am personally a very happy holder who fully understands the ups/downs and risks/rewards of such exciting special situation plays and have to ride this one out.
WC8 Price at posting:
47.0¢ Sentiment: Buy Disclosure: Held
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