CXO 3.09% 10.0¢ core lithium ltd

CXO is not a one trick pony and the excellent prospective for...

  1. 1,522 Posts.
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    CXO is not a one trick pony and the excellent prospective for gold is most welcome in the current financial "smoke and mirrors" strategy...
    and the CEO is the gold expert... but do not worry about the main game Lithium as the prospects are improving daily:

    As Reuben Adams wrote early today elsewhere:

    "China will need to spend over $7 trillion to reach its goal of carbon-neutrality by 2060, according to Wood Mackenzie analysis.

    That’s a massive, impossible-to-comprehend number. Here’s some perspective:

    “In our Accelerated Energy Transition (AET-2) scenario, China’s emissions peak immediately and enter a period of rapid decline, reaching net-zero slightly after 2050.

    “This is achieved by wide-scale electrification of transport, heating and industry as well as deployment of carbon capture use and storage (CCUS).”

    Solar, wind and battery storage capacities will have to increase 11 times to 5,040 gigawatts (GW) by 2050 compared to 2020 levels to reach its goal, Wood Mac estimates.

    Coal-fired power capacity will halve, while gas treads water at 2019 levels.

    China’s road transport must be fully electrified.

    Total new stock of electric vehicles would hit 325 million units by 2050, compared to 4 million units today, Wood Mac says.

    That’s going to require an eye-watering amount of battery metals like lithium..."

    Regarding visible gold - that's the best dream any geologist or gold enthusiasts have for many reasons just read about it as the knowledge is power/money!!!

    Gold grain morphology is an excellent technique for effectively targeting a potential economically feasible gold deposit.
    https://investingnews.com/daily/resource-investing/precious-metals-investing/gold-investing/gold-grain-morphology-valuable-method-in-gold-exploration/

    https://www.icmj.com/magazine/article/twenty-five-gold-indicators-you-should-know-3031/

    https://www.minelab.com/community/treasure-talk/eight-natural-geologic-signs-pointing-toward-gold

    With a bit of luck we may discover a substantial deposit nearby... it happens:
    https://www.abc.net.au/news/2019-06-06/spectacular-rare-gold-specimens-unearthed-at-beta-hunt-mine/11174958

 
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