Reading today's announcement confirms that there are a lot of senseless traders in my opinion:
- Grants was extended at strike and depth
- the next assays will also be Grants and most likely will see more of the same (drill holes 37 to 44 to be reported next)
- metallurgy update in Feb17
- quarterly tomorrow
- Bynoe survey in Mar17
- Zola and Ringwood approvals any day
If you are a trader you wouldn't want to sell until the next announcement at least.
Watch this increase past 10 cents in the next few days in anticipation of more great assays.
Big guys, this is the real thing, get ready to take a stake. When Zola and Ringwood will be drilled later in Q2, CXO could be onto the next major mineable lithium deposit in Australia. With its proximity to China, cost wise it could be the best option.
Star posters know their stuff and most people here are positive. When this goes up, it will explode in my opinion.
Less than 2 weeks in my opinion. Hold tight for the ride of your lifetime.
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