Good News & Bad News, page-43975

And the explorer domino's keep falling. Calidus Resources, principally a gold miner with a lithium slant tied to SQM, is now in the hands of receivers. And Lake resources are about to sake 50% of their staff.

If the lithium hibernation phase continues for much longer these tales of explorer woes and producer difficulties will become more common. And as much as I feel for the shareholders of these beleaguered operations, it was much expected (talked about on this thread for almost a year) and whittles away at the 'Jonny Come Latelys' and puts significant pressure on all but one of the big boy producers in this game of musical chairs. That one being PLS .

As this rationale period unfolds, the longer-term benefits to PLS are apparent, and possibly beyond our imagination from a SP perspective - when the sector awakens from its sleep and steps back into the sunshine. Patience is the key to future positioning in this play IMO .