Is lithium the next focus?, page-28

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eshmun

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28/01/17

00:15

Post #: 22182989
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Originally posted by jojosydney ↑

Hi chook
I totally agree with you and can it argue with you about that.
But mincor is certainly doing something about this and are hands on.
They will be producing gold soon in my opinion and will make some handsome profits out of that.
They still have around $17 million in the bank and know what they are doing having a long history of mining.
They have made me very handsome profits in the past and I think it's a calculated risk taking another punt now before the share price is going for a run.
They seem to be sitting on a very lucrative lithium resource and the drill bit will not lie.
They are no different from KDR or ESR in that regard.
The difference is that they do have the funds to prove this resource and do not have to go to the market.
They do not have the historical cores but have the finances to prove it up by drilling.
And we have seen in this hot lithium market what a few good drill results can do to the share price.
With good drilling results the Chinese will knock on the door with finances ready to give a helping hand
So I think it's well worth to take some shares now while they are still cheap.

Jojo

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"They seem to be sitting on a very lucrative lithium resource"

Wrong again, they have not reported a resource to the market. Esh

MCR Price at posting: 26.5¢ Sentiment: None Disclosure: Not Held
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Is lithium the next focus?, page-28

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