The excitement for lithium seems gone, and now the focus is on copper and gold. LSR is exploring copper and gold across a vast tenement. Probably LSR did the right thing by selling lithium rights to focus on copper and gold.
Small-cap copper exploration companies are undergoing a rerating. For instance, CPO was at 3 cents about a month ago, surged to 13.5 cents, experienced a pullback, and is now rising again with significant daily volume. Similarly, CBE was at 4 cents a week ago, jumped to 9.5 cents, and is currently at 7 cents.
A few months ago, LSR announced widespread copper and gold deposits based on sampling results. RC drilling concluded in November, and the results are expected at any moment. On speculation alone, LSR should be valued at more than 0.5 cents. The next few weeks should be interesting.
The excitement for lithium seems gone, and now the focus is on...
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