Does this ring any bells?, page-2

"If we look at the ASX in isolation, there are [as of June 2016] 63 companies pursuing lithium exploration, either as part of a unilateral lithium resource target, or in conjunction with other commodities such as gold or graphite. If that does not sound particularly impressive, then consider that in April 2016, there were only 35.

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The amount of ASX-dwelling lithium bounty hunters has almost doubled in just one quarter."​

source: http://www.nextsmallcap.com/lithium-drilling-begin-day-now-psc/

At the end of July 2016 this number was up to 76 companies and I believe it is well over 100 today. And that's just on the ASX. In April of last year the SMH published this article on downtrodden explorers turning to lithium. CNQ clearly missed the boat and is now trying to play Johnny come lately. It's such a waste of shareholder money again!