2022-02-23

On a Quest

Lithoquest will be cashed up from a private placement closing soon. Funding will go towards drilling their properties in Northewest Ontario. There are historical drill results in the area that suggest there's gold in them thar hills, but success will only come if they can zero in on targets and find it. They conducted LiDAR surveys followed uby airborne magentic surveys. Actual drills will go into the ground this year.

The chart has based and broken out. If it can hold the breakout and strikes gold, there could be considerable upside. The company has market cap of CAD14 million.

I am long.

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