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mcbj

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20/10/21

08:28

Post #: 56924730
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Originally posted by Silent-Bubbles: ↑

And ......you would have also noticed that Musk Metals who have the 245 hectares of the ' Elon ' lithium property which is located only 600 metres in the North East direction to the North American Lithium property was up 27.78% in overnight trade , and a massive 64.29% in just the last 5 days.

They also have the nearology play with their strategically located 1,490 hectares of their Pakeagama property which is in Ontario's ' Electric Avenue ' district and around 3 kilometres south of Frontier Lithium's PAK deposit.

They also have BOTH their Copper - Zinc - Gold tenements in around the Chapais - Chibougamau mining camp and just west of Chibougamau which is also the main township south of Moblan. They also have their Red Lake gold play out north west of Thunder Bay in Ontario.

But if you look at the relative performance of any of their neighbors on these plays , like the 6.52 % increase in Frontier over night and 12.64% over last 5 days , you'd have to say it's more to do with their La Corne ' Elon ' lithium property than any of the others.

So looks like this region of Quebec in the Abitibi is ' HOT ' at the present moment and could be even as a result of the recent change up in the TANSIM 2% royalties which incidentally put an approximate expected revenue stream valuation on Tansim of around $100 million .....and a rough JORC expected minimum estimate of around 10 MT of lithium. Just some interesting rough facts on that.

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