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alfie63

06/02/17 1:57 PM

#22494 RE: loamobn #22493

I'm long and happy! It would be great if we were trading higher but this will come. The current Argentina trip is not a five day jolly. It has been researched and organised long in advance, as you can see by reading the past pr's. Indeed most of what we need to know is in the pr's but it takes time to plough through them. Plus, doing a deal in Argentina or the SW States is only, maybe two parts of the business. Don't forget that the lithium extraction technology (ENERLET) will be a major revenue earner in it's own right but why not also use it to process our own brines? After all, the market likes a company to have an asset as well as the technology. Think about it - Enertopia's main peers would be MGX and PE; neither of which are that much more advanced and have spent many many times what Enertopia has spent to get to around the same place. They are both trading with market caps much higher. (MGX - $53million, PE - $43million). Enertopia today has a market cap of $5.5million and cash in the treasury so I know which one I'm choosing to buy. Do the maths - a comparable market cap to PE would give us a 50 cent share price. News will come soon enough and the market will love us again. Right now we are suffering from "target fixation and the market has lost sight of the whole picture. Opportunities like this only very rarely come along and I am confident, not in the five day trip reaping all the rewards, but in management delivering. Have a good weekend! Alfie.