Ohm-m! The Divine Sounding of Resistivity
Comparison of 6 Lithium Companies
ZURICH, SWITZERLAND / ACCESSWIRE / June 20, 2018 / ”Geophysics is boring and pure speculation,” the market screams and demands drilling in the same breath. With investors typically only reacting to drill results, those few speculators brave enough to give geophysics a shot in their investment thesis may rise above and beyond everyone else when outstanding assays may be announced.
In other words: It’s better to catch a train when it’s standing rather than trying to jump aboard at top speed – and stocks typically go up fast when really good drill results are published…
As there are so many trains standing still these days, it’s difficult to find the ones that are ready for take off. Geophysics may be a handy instrument to separate the wheat from the chaff, especially when geophysics reveal the best in class to climb the lithium discovery ladder.
Today, Belmont Resources Inc. (TSX-V: BEA; FRA: L3L1) announced the receipt of drill permits for up to 6 exploration drill holes on its Kibby Basin Property in Nevada. A drilling contractor has been secured and drilling is anticipated to start next month in July, upon completion of a required financing, at which I will participate again, making Belmont one of the largest positions in my portfolio.
With a current market capitalization of less than $3 million CAD, it’s just too tempting for me as I speculate that the company may soon make a ground-breaking discovery via the drill bit, whereafter the market may realize that geophysics is everything else but boring and sometimes worth a bet.
The full report can be accessed with the following links:
Disclaimer: Please read the full disclaimer within the full research report as a PDF as fundamental risks and conflicts of interest exist.
SOURCE: Rockstone Research
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