Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I tend to agree - I thought the business was up and running before floating/spac and was never lead to believe any different - we are where we are now, and I believe 2024 will be a good year here - I don't need the cash for a while - my investment has become substantial averaging down - lets see where we are this time next year Rodney !
The weak will jump and the idiots will appear - so what ! for me patience is the answer, it’s a mechanical issue not a helium one, mechanics, hydraulics can be fixed in time - unless you’ve ordered your Lamborghini sit tight !
Helium is formed over many hundreds of millions of years through the radioactive decay of elements such as uranium and thorium. These radioactive elements are present in crystalline basement in the Earth's crust and over time helium is created and trapped in the Basement rocks. A tectonic event in the Earth's crust can then release the helium gas and it migrates up through the geological strata to the surface and then escapes into space. Some of the migrating helium gas can be trapped underground and these deposits are the source of the helium that we use today.
I'm going to be owing them money soon, never seen a negative share price before, and we're nearly there - this is a joke run by jokers ! I can't believe my stupidity following Cathal Friel - he'll be out by now no doubt