Nextsource Materials Inc (NSRCF)

[riverrock]

Perhaps Quentin Yarie and DR Projects can study the drill cores from Sagar and together they might come up with a solid case for Sagar's Cobalt.

Yarie's recent sale could be an indication that he's been selected to handle Sagar's development.

If they were to form 3 new companies (under Nextsource Materials) each would have one third of the present NextSource float of 468.9 million shares. In effect there would be 156.9 million shares in each new company.

All existing shareholders would still have all their shares, but 1/3 of their shares would be with each of the new compamies.

The First Company, Nextsource Graphite (156.9 million shares)
The Second Company, Nexsource Vanadium (156.9 million shares)
The Third Company, Nextsource Cobalt (156.9 million shares)

In any event the share price for Nextsource Graphite could immediately be 3 times higher as Molo is presently the most developed property and have only 156.9 million issued shares.

I guess that most shareholders are saying that riverrock is dreaming, but one must consider that Nextsource/Energizer put in lots of time and money and found good reserves and resources, but which also caused the high float.

In any event, they can also consider selling Sagar and use the money to help develop Molo and later the Green Giant.