ESS 0.00% 50.0¢ essential metals limited

PIO's $75,000,000 Lithium’s little brother, page-48

  1. 418 Posts.
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    And if they hit 28m @ 3% Li followed by 32m @ 3.5% in the next hole tomorrow then all will be forgotten. Because that is what can happen with an exploration junior, and that is what we are waiting for. High risk high gain. Do you think the 'Sandfires' of this world created there deposit with brilliant geologist. No, the deposit has to be there in the first place. That is what we are punting on, the majority of juniors don't find ore because its not there, that's what we take a risk on.
    If you think PIO have been sitting on mineable deposits all these years and were too useless to hit them, then I do not agree. Can you tell me any of there tenements they have walked away from that someone has come along and discovered and is mining?
    Yes, you still have to be good geologist, and picking good ground is important. But if you don't like there ground and there management. Don't invest. What is the problem?
 
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