HI Sweetsound. I guess it is Mr Calderwood you are referring to and the tenement is at Trigg Hill.
You are correct that this is all speculation at present and I believe that the SP rose substancially after
the last announce due to the hype which seems to be generated by most lithium stocks at present.
Since then it has retraced substantially which has been a little disappointing for all concerned.
With Yahua being involved in a JV with EFE I am confident that there will be several more aquisitions during
next year. We hopefully will be given some positive updates at next weeks AGM.
You said that you believed Mr Calderwood had been involved in a failed venture previously. I can remember
making a decision back in 2006 not to invest in Fortescue Metals as AF had failed miserably in his first 2
attempts at starting a business. How wrong my decision was back then.
Anyway I am still hopeful that our horse EFE is a stayer and I am still backing it to finish race for us punters.
IMHO DYOR
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