It was indeed a lame PR. It caused some traders to get nervous, thinking that this was all we're getting, and started to sell. I'm 99% sure there will be a new PR with more details on Monday. We'll see what they can reveal at this point. Lab results will have to determine the exact Lithium concentration in the samples. That will take 10-12 days according to their previous statement. But we may get an ballpark estimate on how much Lithium that they think that they are sitting on already by Monday based on the geologist's initial observations. More drilling is probably required to exactly determine the size and best location for mining, assuming these first drill samples does look good. The CEO's blog update from yesterday does indicate that he was VERY happy - so I'm counting on one or more very good PR's shortly.
He also mentioned in his blog that they are working on next steps for the gold exploration. I hope to get a PR about that in the near future as well.
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