Highly undervalued, page-746

yes patience is the word..a lot of companies are moving into the lithium space and not all will survive..LRS are moving in the right direction but still a way to go..good drill results are imminent i believe,having the right management in place is also essential..good drill results .JORC....PFS..then offtakes..done a bit of research on a couple of companies to see what stages they were at and when their SP started to move..AJM was one example..in jan. 2016 their SP was 4.6 leading up to release of their PFS and steadily climbed once it was released,then spiked once offtakes were announced hitting a high of 26.5 mid april..since then they have had a CR and price currently sits around 13.5..still good..SYA another company currently sitting on 3.1 with their PFS due out mid jan.this year(2017)..they also have a good JORC and with current rise in lithium prices i would expect a similar catalyst with their SP to AJM once released..its also interesting to note that they are at a fairly advanced stage..on nov 9th 2016 galaxy resources was at 30c,now 52.5..so we can see what is happening in this sector.