Crescent Lake Lithium Acquisition

Has anyone looked at how close the Argonaut's Crescent Lake Lithium Project is to Ardiden's Seymour Lake Project.
They are near enough neighbours. Have a look at Argonauts acquisition ann on page 2 then have a look at ADV's latest corporate presentation on page 4 if you want a geographical view on locations.


Both are located North of Lake Nipigon, which is pretty much the centre of ADV's other projects Manitouwadge and Root lake.



With Argonauts low cash and a business model which pretty much comprises of Joint Ventures, there is every chance that they could go into a JV with ADV.



It would make total sense for these two junior resource companies from Aus to work together on Crescent Lake.
If they did JV, ADV would get this project going faster as they are one step ahead of ARE and have all the local contacts needed and also imo, have a better management for this resource sector.
Highly beneficial to both companies.


Am I crazy?

Skynet




I will be posting this on both stocks as I see that it is pertinent to both.