It seems that they meant to be tech company but they have...

It seems that they meant to be tech company but they have changed their mind overnight.

Shaw river district is the area that few companies like (Lithex Resources Limited) are exploring for li so that means CMY has the potential to find Lithium like others.

atm they are not ahead of their peers but, when they sign the due diligence they will as it seems SRL where ahead.

The fact that SRL has failed and gone bankrupt doesn't mean that there is no li in the area maybe they have done something wrong. and that was the reason I said "If they do it RIGHT".

Basically they bought a company who has 13 prospecting license application which are first in the line to get reviewed and approved, ahead of their peers like SYA. (That was the reason they claimed that they are ahead of their peers in that area). The area has very high potential to hold rare metal (Tantalum, lithium, etc,etc). initial exploration has been funded so there is no need for CR.

BTW, @dsx2, if you are still holding you should be grateful of what they are doing.