CY5 0.00% 14.0¢ cygnus metals limited

It looks to me that companies are exercising more caution and...

  1. 644 Posts.
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    It looks to me that companies are exercising more caution and restraint in anns around Li exploration. A few classic dusters were pumped and dumped in WA and Quebec, lotsa "pegs for days" with no estimates of spod or assays followed by "despite fractionated pegs assays reveal SFA". Plenty of $ASX scrutiny and Li baggies galore. $CY5 buy tenements based on spod in drills or outcrop. It's a matter of how much spod, not if it's there. Dave and the team will announce once the story is solid.

    Plenty of parallel spod pegs at Pontax and surrounds, only scratched surface at Auclair, and Sakami...who knows what the outcrops will hold. I would also not be surprised to see more acquisitions. I hold $BRW.V and they are taking their time as well. Looking forward to more results, despite patience being in short supply.
 
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