Lithium stocks that will make it?, page-537

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billyen

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11/03/19

11:14

Post #: 37717711
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Originally posted by micky78 ↑

Yeah, pick up the phone and speak to Wealth Minerals stop whinging about. The phone won't dial by itself. IMHO they will be more than happy to buy BMG at USD$1000 per hectare (considering they are getting free geophysics and drill results soon). Say BMG drills a hole in April and re-sell the project to other explorers in May/June (eg Wealth Minerals), do your maths and work out how many Hectares and how much $$$? A hectare in Chile with no geophysics and drill result is selling at USD$1500.BMG received 8000 hectares directly adjacent to previous geophysics results for $0.00 and people are still whinging and whinging ("Oh, too expensive, problem etc.").

Wealth Minerals already have several off-take partners (mostly from China) want their resources before they drill a single hole in the ground.

They paid USD$40m (cash and shares) for their Atacama and always over subscribed. May be everyone in Canada and USA are stupid, people here are smartest on Earth.

Lithium Chile took an advantage of previous government's failure and bought 150,000 hectares of land at USD$3/hectare. Pick the phone and speak to them. Both Wealth Minerals and Lithium Chile are run by very smart people. Check their background.

I have contacted at least 5 companies with Chilean brine projects. They don't have any problem. Certainly no problem raising any cash in North America.

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