Seriously can't believe how quiet it is here! That could change very quickly with USA and Canadian Lithium exploration kicking off.
These guys have secured some very exciting ground in the USA and also in Canada, and just recently announced that exploration was underway in Ontario. Expecting the news flow to ramp up here over the coming weeks, so buying at the base at current levels represents a very compelling risk vs reward opportunity.
Holding 7.5 million in Cash gives it an ev of about 14 million, far too cheap given the backers and the Lithium ground holdings in 2 countries.
Jason Peterson from CPS is the number 1 shareholder with 8.4%. He is also a top holder of VSR which has gone on a tear recently on the back of lithium drilling.
This could be setting up for a similar run with news flow around the corner and the Canadian lithium sector starting to fire up.
I think PAT is a hidden gem that won't remain hidden for long
PAT Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held
