Firstly, the RC drilling programne at Manindi suggests to me that this is not a high-grade or large volume lithium mineralisation. Forget the lithium, for now.
Seconly, graphite.
Thirdly, it's about the damn high-grade graphite. Normally I will not touch <1c stocks but the grades at Lac Rainy have caught my attention. Make no mistake, Nanhai Group are on the clock to test and evaluate Lac Rainy graphite. This is a mutually terminable agreement, and to my knowledge there is no exclusivity period for testing. Nanhai Group are on the clock.
I have my order sitting at $0.004 as I'm counting on impatient traders exiting when results don't come as quickly as they would like. Once my order is filled I will park 25% sell orders at $0.005 and $0.006. The balance I will hold LT with a stop set at $0.003. I'm confident my orders will be filled. Sit back and watch, folks.
MLS Price at posting:
0.5¢ Sentiment: None Disclosure: Not Held
