Atlas Lithium Corp (ATLX)

[ImOnABoat]

I think we may see an update next week. To be honest, I was expecting to hear something about the first yields last week given that first batches of gravel were processed on or around May 20th, but the company may have its reason for silence. One of the possible reasons is security. If they found plethora of gold and diamonds in the ground, it would be unwise to announce it to the whole world until some sort of security can be hired for the site and processing plant.

Another possible reason for the delay is the scheduled on-site visit by the interested investor group. It is possible that they agreed to buy out the rest of the toxic debt following the site visit, and Marc is waiting until such buy-out is completed before issuing the PR. Let's not forget that someone already did buyout one of the last three outstanding toxic notes.

There may be other possibilities for the delay in news that I am no thinking of. I am not worried yet.

BMIX