Yeah fair enough.. the perception is Canada is a safe mining jurisdiction to invest in. Think we can all agree on that.
But in terms of feasibility, A safe location wont make a deposit more or less feasible. Lithium spot price has been in a state of decline the last 3 months and with a project like Arthier being so marginal.. it will be especially correlated to the lithium price.
As BSG stands to make such enormous profits with giant spreads between proposed costs and per ton revenue it would take a brutal lithium price decline to change the fundamentals.
I also see lots more dilution for SYA as the past points to this. BGS is in the fortunate position of having a cash flow.
Really extremely different projects with only similarity being they both ran up and declined in similar timelines.. indicating the market dosent believe either will make it to mine. I beg to differ as all signs point to yes for BGS!
