No body should continue to throw away money on a project that is...

No body should continue to throw away money on a project that is not showing results , potiential can be hard to price in. I entered ADV for the lithium potential and while results have been disappointing to date I still believe that there is a worthwhile project at Seymour. I await the updated mineral resource estimate,although the possibility of a major increase seems  unlikely with the drilling results to-date. But there is still a large area to be tested/drilled that could yield the necessary tonnage to become a viable resource.

Direction wise , I think the board are looking at Pickle lake,( judging by all the land we have recently acquired that borders it). Under the terms of the agreement we have a minimum spend  to meet to acquire 100%   (as per Murchison Minerals ltd option) So it makes commercial sense to put Seymour 'On Hold' (for the moment) and commence works on pickle lake. The properties have huge potential and historical drill results show this.
(see ADV's Ann 2 August 2017)

All imo and DYOR