General Discussion Topics, page-78073

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MoonRocket

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07/11/22

00:41

Post #: 64618071
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Originally posted by SuperiorSock: ↑

So i did some digging following 18566's comment and the fact that LTR discovered one of the most significant known resource deposits sort of blows any issue of value over that 5 year time period out of the water.

LTR metaphorically struck gold, which wasn't necessarily due to management, and Sayona has in opposition had to strike deals and build up the largest collective resource in Canada and north america over the time that LTR was able to hyper-focus on that one resource for the most part so it seems.

The way I see it, if you shift the red line on your graphic back to the point that they both seem to be slowly ramping up in line with each other, that's where you begin being able to make fair comparisons between the two by taking luck out of the equation and comparing them on equal footing.

Now to me the fact that Sayona is in the position it is in through impressive foresight and positioning from an obviously very talented and committed managent team after only 2 years and without a single, game changing resource deposit frankly speaks volumes to their success as a team and a company, and makes me personally - and i believe i could speak fpr most here guven the support for my previous post - much more confident in our management than i/we would be had they capitalised on luck rather than clawing their way up through grit. It's easy to make announcements look impressive and consistent while hplding onto it in it's entirety when there's literally nothing stopping you from progressing at whatever pace youre financially capable of when you're leading into production on one stupid big resource. Not so easy to do the same thong for a number of resources you have to be doling out portions of to progress the others in any significant capacity.

I'm very confident if you made that aforementioned adjustment to your graphic there we'll be seeing similar spikes in value over coming years as had LTR, and I believe it is unfair to compare the two based on time considering all the above, again it's very clearly an apples to oranges kinda deal.

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SYA management gave away 25% of the company and 50% of produce for USD$12m, are tight lipped about progress and are subperforming in marketing the business, that’s the difference!

The ore discovery might be luck but the day to day operations is sure as hell worlds apart!

Don’t try and deny that!

SYA Price at posting: 23.0¢ Sentiment: Buy Disclosure: Held
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General Discussion Topics, page-78073

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General Discussion Topics, page-78073

Top Stories

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