I would take PMT and compare it to most Li stocks and you'll send the trend. That way it will become clear that the recent downturn and recent rise as well, has been due to Li sentiment alone.
Li rises since the 4th of May PLS: +13% AGY: +25% LTR: 8% GL1: 18% GT1: 12% CXO: 24% GLN: 21% WR1: 33% (drill results) ALB: 13%
Strike ann would barely do much imo. Yes it sounds nice however, we are being plagued with assay delays already. How many other results are we waiting on still before we even get to those results? We still haven't received the assays from the previous strike extension announcement from two months ago yet and that was for only 37. The strike announcement becomes huge when you are able to confirm good results across it's length (which I have no doubt we will).
I would've hoped that we would be looking into procuring an on-site mobile lab, to speed up this process.
Overall all that matters is that PMT is in the box seat to become an even larger monster and with the Li sentiment changing, even better. I wouldn't be worrying about 5% drops. When in doubt zoom out my friend. We're up 50%, since IPO (6 months period) during a bear market and a period when Li prices fell off a cliff. Sounds pretty good to me
PMT Price at posting:
$1.63 Sentiment: Buy Disclosure: Held
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