Back and forth at 11.5 yet again today. Volumes remaining relatively low.
@Gharp Monte is only greenfield until we find pegs. The geo team’s language around the potential at Monte was really bullish, and I personally am happy to place weight on their judgement - given their excellent work at Bananal so far.
The junior exploration game is always a test of patience. Investors who lack patience generally lose out from what I’ve seen (countless LRS investors gave up in 2021 and ended up paying the price).
This is not investment advice or intended to come across as me saying that we are guaranteed to find thick high grade pegs, just noting that over the last 2 years, the short term game hasn’t generally worked with LRS - however buying and holding has generally worked well.
No doubt news is not far off - whether it be lab assays or an update on whether we’ve struck pegs at Monte.
IMO DYOR.
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