Has the SP surged because?: 1) ORE announced that their Grandes deposit is world class in Li quality, Li-Mg ratio, high level of potash, massive size of deposit. 2) The cappers finally relented in face of fierce buying. 3) A TSX listing intention was announced along with a 20% dilution.
One could argue all 3 contribute is some manner but my pick is strongly in favour of 1st option. Anyway, let's hope any plans for future dilution is finally and completely over... and an announcement saying as much would be welcome. Now that (imo) would also boost the SP.
ORE Price at posting:
$2.29 Sentiment: Buy Disclosure: Held
