The best strategy for exploration stage companies coming into this field is to:
- Raise capital for land purchases and drilling. The key for sustained growth during a capital raise is to limit share dilution. (T. Sage ruined that part to limit share dilution already with his CFE management)
- Seek out land that is highly prospective, either adjacent to operating mines, on previously operating mines, or in land that is analogous to existing development land. (This part of the EUR plan is right on as the location of the Lithium Deposits in EUROPE)
- Prove to the markets that the management team is worthwhile through flawless execution of good land acquisitions, execution of drilling campaigns, with strategic drilling done to move forward into economic assessments (We have to hope that DLC keeps T. Sage on track and honest. A REAL HARD JOB)
Just have to wait and see if the EUR shares turn to LITHIUM GOLD! Lots of IFs here but V shall C!
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