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Strategies & Market Trends : Ride the Tiger with CD

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To: ogi who wrote (310591)7/27/2025 1:04:36 PM
From: jpthoma13 Recommendations  Read Replies (1) of 312315
 
As I said many times on «Le Coin des Prospecteurs», there is spodumene nearly everywhere in Eeyou Istchee. Billions and billions of tonnes of spodumene pegmatites

You can find in the government data base ( SIGÉOM | Système d'information géominière | Home) the location of all the granitic belts that contains spodumene. They are numerous.

So finding a deposit is very easy. More than a dozen have already been discovered in the last two years.

Now, is there an economic way of extracting and shipping the concentrate out of the area? That's the question.

Building a mine in Eeyou Istchee is very costly. So to finance such a development, you have to find buyers for your concentrate.

For the moment, only a few projects have serious buyers for their concentrate..
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