These short term slumps are dissappointing, but I don't think there is any reason to worry.
We know Rincon has lithium in it. We know this because another company has recently discovered it on the other side of the salar. Now the question is how much have we found? Is the ppm high enough for feasibility?
The fact that Rebecca is saying they plan to drill more holes in Rincon, means they must have at least found something. My prediction is they have hit some pretty decent grades, that have interested them enough to explore further. We know if they come up with nothing they leave it and move on because thats what they did with Pocitos.
Fact is our MC has loads of room to grow compared to our peers and I'm sure thats the line that will be used to attract instos when the inevitable CR happens.
Cheers,
DMac
PNN Price at posting:
3.5¢ Sentiment: Buy Disclosure: Held
