True,people are stupid,they thinking if gold explorer with announced 10mln ounces find 0.5% nickel per ton-the shares will fly up!No,in most cases when lithium found in small fractions gold stocks get slammed,because as you said correct those who did put money for 2000$ per once do not want to see any other ounces per ton until price justified!This is excellent for guys who are doing here voices about long term and in the same time voice about thing which can bring them into very long term of never ending drilling,i have this since DEG was changing gold into Ferrous metals in Argentina just before all Argentina crashed,same people now wishful on lithium.I knew only one gold junior who was occasionally find low price basic metal,but in portion of 29% per ton,so its shares one day got out of 30c into 3.5$,but its not for DEG with its cow slow development and falcon speed diluting.Yes,its a good question why management for so long has no drilling results while spending money on salaries and issuing capital like NEM or Barrick gold,as it was pointed by one of the analysts!?As investors,speculators or ever long term holders who was speculators lost 1.5-1.60$ momentum,we all exhausted in empty 1.5 year expectations about drilling,which did not bring any expected results with 9mln ounces and stacked into 1.10-1.30$ range with real inflation running at 15% yoy,its weird to see management not delivery value in SP while loud adding its salaries for "good made job".......all conspiracy theories hear priced by 1.18A$ price while gold price in no move from its 10% from all time high!
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