I agree, I brought in today for these few reasons. and will add...

I agree, I brought in today for these few reasons. and will add when cash becomes available.

- lithium sector very hot and will get hotter every year as demand for lithium products grow.
- they have cobalt also another hot sector that will explode next year imo
- LRS has huge ground in Argentina with lots of money already spent on them.
- I'm looking forward to them defining a JORC early 2018.
- and also signing of a MOU this is key imo to the SP taking off
lets look back at what happened when a company signed a MOU

AGY
SP before signing a MOU 4.2c ,
Signed a MOU on the 20/3/2017 went on to peak at 35.5c
10 bagger plus from there low's. current MC 200 million

SYA
from 2.9c to 6c from a low of 1.1c
6 bagger with lots more in it imo, current MC 80 million

ASN
1.4c signs MOU on the 29/9/2017 goes mental
all the way up to 15.5c in only two months
10 plus bagger from lows, current MC 40 million
have not even drilled a single hole yet

LPD
was 1.2c
signs a MOU with galaxy resources
SP climbs to peak at 8.4c, current MC is 200 million.

so brings us to LRS
currently trading at 1c
imo if LRS signs a MOU I think the SP could run up to around the 4c mark
or a 100 million MC I don't think this is too unreasonable imho.
10 bagger from the lows.