Ann: Letter to shareholders, page-143

It was dumped today. Either a lane attempted to try and get some more cheap by hitting stop losses or someone who needed some cash. A lot of people bought in at half this price so they would still be making a decent profit. Xmas can be expensive and people need cash.

Will be a different story once they start drilling. The area has lithium in the brines. The US government has already surveyed the area back in the 60’s for lithium which lead to the development of the only source of lithium in the US. Long term, if the initial hole delivers the goods the share price will go up accordingly and they have two more tennaments to drill after that. Could easily be a ten bagger from here for the patient. They thought the tennaments were worth 2 million dollars worth of shares which they have issued with this raise so they obviously believe there is a good chance of hitting pay dirt, or pay brine in this case.

Patterson’s did too as they have underwritten the whole 3.5 mil.

Looking forward to the updates coming over the next year.

I’m going to chill and hold