Your posts make my day Triage - what a hoot.
We should drop "potato peelers" into the CY5 lunch room suggestion box, every little bit helps
I suspect Pioneer's success may come from their tenements nestled in-between GT1's Root Project, so we'll have to see whether they still qualify for the cup if that's their winner.
As a side note - I was asked this week why one company's SP was increasing while most others were decreasing. It's something I'm sure a lot have thought about. It is interesting how an investor will value a company. Everyone has different levels of understanding of both markets and also how to value a company. We all are not immune to a good marketing campaign too. And I guess that's an opportunity when, as a result, you think the market is undervaluing a company. But also a red flag not to get caught up in FOMO when you think it's overvalued. The ups and downs of the James Bay Cup contenders has been interesting to watch and perhaps an example of this.
For example, JBY announced this week they had discovered fractionated pegmatites at their Aero project, no mention of finding spodumene, and had a price boost. Compare this to what happened when OM1 released an announcement earlier this year of finding fractionated pegmatites, (to save you looking it up, it suffered). Another example came up this week around Potassium/Rubidium ratios. When OM1 released their initial field work results, they provided Potassium/Rubidium ratios > 30 and comments said the project was a duster as the ratio needed to be closer to 15 or less. That seemed to be validated when OM1 subsequently released their rock chips that didn't have high Li2O content. But fast forward to this week when Olympio released rock chip results of eg. 6.24% Li2O on a sample with K/Rb ratio of 35. The market also didn't celebrate OLY's results. But other companies release rock chips between 2 and 3% and the SP has a great run. I know I'm simplifying it a bit, so think it's time to stop rambling. Have a good one.
