Thankyou for all the recent posts. Each appreciated gang. The maniac ape must be in my gene pool, as itlooks exactly like our 5 year old , Vancouver , break dancer , grand child. I do agree we will win on the Bape but the First Nations Abitibi do hold the right to refuse. Here in Fl, if a mine removes a squirrel or palmetto, its counted on the front end and replaced on the back end. If a mine is out in the boonies, its easier( no conflict with neighborhoods). The possibility of water contamination is a huge deal, and should be. The wording says to me that everyone is amenable if this can possibly be done. Its in the science and technology.
It looks promising that barchart ranks Auss chart as 96% strong buy, and three days out going forward, as strengthening direction. U S rank is at 84% strong buy, strengthening short term. Significant imo is that % of both charts , is same essentially, and US side is a little more volatile on extreme prices. But essentially they track each other and they are both moving upwards temporarily , it would appear. No guarantees, but that will be my temp play. I am locked and loaded and not buying more right now due to macro. Following so many metals miners charts, its poss this will move up and then soon retrace downward . The stimulus would possibly be that miners get trapped with a general market decline, on behalf of the margin calls. How far up this moves right away may be relative to general market , either being spooked or a more serious takedown. The feds are acting as if this inflation is a mere flash in the pan, ( which could buy some time in gen market) but I believe they know better. ( If I am not mistaken, Yellen has asked for allowance to increase debt limit, which just creates more market instability.) Anything else seems to me that they are not attending to history. All IMO. And what happens on Auss side , if Dow / Nasd. take a hit .
At any rate, this metal , and company should do well, in long run, but some trimming may be needed. I hate the idea as this seems the splendid long term hold. ( look at Mar, 2020 miners, even the best sold off for margins. ) If this does go up, it will not be a straight shot. I would appreciate others who may have a plan for near term play.
The fact that sayona is actually creating a hub affair, around NAL, and planning to fast track processing , is substantial. Where is there another non -brine , lith processor? I know Piedmont has theirs in NCarolina. As I have said, the govts are really not apt to permit more processing plants any time soon. Thats why the Pdmnt / Sayona processors are mind boggling to me.
And the Auss. cherry picked, gold exploration possibilities , surrounding proven , world class De Grey is also mind boggling. I am invested in Newfoundland recent gold, world class explorations ( Nfgff, and Nfldf, for possible comparisons to Pilbara region) and gold stands to go higher in next few years based on past macro history. Newfoundland has recently opened up as the “ new “ gold rush with 20 companies pouring in…not to say this is what could happen at Pilbara as Newfoundland is truly historic, due to the Dalrydian fault line, which runs Australia, to N Ireland and turned up in Newfoundland, point of interest…) De Grey is not some minor consideration for Sayona. Glta.
