Most punters would be aware of how the Canadian Lithium space is becoming hot. And its not just about speculation. Recent results speak volumes about a very exciting Lithium Area being explored and soon developed.
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Please note that this just my thoughts and I could be wrong, so please do your own research. Happy to have other's thoughts as well. I am going for it. If things don't work out, the SP could 10%. But if things fall in place, it could be something very big.
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Today we had an announcement from PMT of another 52m of 3.34% Li2O at the CV5 Pegmatite.
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So how is it relevant to MLS?
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Well, its not only highly relevant, it now opens up a completely new field for MLS. If MLS can get into action, there is a good chance we may also reap success of many Canadian Li explorers, and more particularly - PMT - Patriot Battery Metals.
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So why is that MLS can suddenly become a giant from the minnows. Potential is endless.
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This is because MLS tenements sit on the same CV Lithium Trend that CV5 of PMT is sitting. Its not a nearology, it practically sits in the same vein. Hence very high chance of doing well here. Company could have an announcement soon further work here as mentioned below..
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This is from MLS announcement on 15th December. What did they write:
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The Company will undertake remote-sensing data interpretation followed by intensive field work to
delineate prospective lithium-bearing pegmatite zones within its highly prospective properties.
This MLS tenement as can be seen below sits right at the right place.
First pic below is from MLS announcement. Then I have two other pics from PMT presentation. Pictures speak for itself. Just think we start working on these tenements, what could happen in 1 month, 3 months and down the track. Our all time high of 20c may look small if things fall in place.
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This is the main CV Lithium Trend. I think the star is where CV5 is. This is on same line that MLS has and is around 20km I think based on scale. PMT has more tenements around MLS as well.
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This is from PMT Presentation
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Finally, another pic from PMT Presentation
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