Foremost Lithium Res and Tech Ltd (FMST)

[BamaDale]

Just finished reading yesterday's Press Release and I found it overall encouraging. FAR is at last following the recommended industry standard tests and I think this will add to the credibility of their reports. What we need to do now is to get the entire lithium industry back on the front burner.

I found this interesting in the report as well. "Inferred Mineral Resources are not Mineral Reserves. Mineral resources which are not mineral reserves do not have demonstrated economic viability. There has been insufficient exploration to define the inferred resources as an indicated or measured mineral resource, however, it is reasonably expected that the majority of the Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration. There is no guarantee that any part of the mineral resources discussed herein will be converted into a mineral reserve in the future."

At the point FAR converts this work into mineral reserves and then makes a sale, we'll all be glad we've held these shares.