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Re: NoSeat420 post# 331

Wednesday, 04/13/2022 12:02:27 PM

Wednesday, April 13, 2022 12:02:27 PM

Post# of 343
Sprott did buy into $SPMTF for a few projects. Perron and Goose. Perron has been drilled and Goose is to come. Their Flagship which has over 1 million tonnes of LCE has their updated calculations coming and probably will double the estimate to 2M tonnes of LCE giving them roughly 40% of the LCE that the neighboring Cypress project has. Just on the McGee project alone this should be trading much higher than it is now. When it has the updated calculation it should double minimum if not triple. They are currently trading around 7% of Cypress and on deposit alone they should be 20%. Now toss in Lithium prices and they should valued better than last year when the initial estimates were done which was double what they are today. Glad to be holding this one.