Chart looks more like up the escalator down the escalator to...

Chart looks more like up the escalator down the escalator to me.

One of the big problems with Candelas is the doubt surrounding the UNIQUE GEOLOGY. I don't know of any Li project that has positioned itself so close to the ACTUAL POTENTIAL BRINE SOURCE of one of the highest grade salars that exists.

Does anyone know how these strata in the down-thrown block react at depth to the possible geologic variations in whatever strata exist ?

There r either some incredibly well informed insiders or we r blessed with some geologist traders that appear to be able to know what's going on under Candelas to get the sp the way it is.

Until this has been drilled and the company has interpreted those results as to whether we do or don't have a hydrothermal/ignimbrite brine source WITH a decent resource that's extractable , then all the speculation on this being a duster just becos a scant 5 days has elapsed since the last annmnt is simply just that, speculation.

No probs with holders taking some profit on the annmnt, that's what its all about, but to come to ANY conclusion as yet that hole 2 has nothing to offer is just as bad as saying its got it all imo.

I'm not quite sure how one extrapolates the sp drop into a duster as the trading behaviour was tstl unusual both up and down. An extremely volatile sp movement that was based in as much lack of knowledge as good.

Unfortunately or fortunately, whatever the case may be, we will only know most of the full story once we see how SRK and GLN have interpreted hole 2.

Imo after the last reception of sp volatility that Candelas results got I can't see the company giving an update style annmnt. Well I hope not anyway.

A poster mentioned how enthusiastic GLN was to get diwn to line 4 and drill it.

At the very least this hole will refine the Li SOURCE model, not RESOURCE (altho for holders hopefully this too) for Hombre Muerto, so will be of great interest to those majors in the salar below as well. Very sensitive times for GLN imo and I personally cant see them leaking anything until they know the full story.

As with any such company in relatively unknown geology the stakes r high for the company and holders alike. If people buy in without the realisation of the different outcomes then they arnt thinking enuf about their investment.

Gr