RE: Latest Tweet on X17 Sep 2025 22:42
IF, Red Setter turns out to have the underground grades of Telfer [refer to Richard Poulden 's posting Expert Geophysics post on LInkedin on his Activities wall , 3rd from the top, it gives the link to a poster on this site citing the Telfer underground grades]. I was not aware of the post so I posted the grades of Telfer underground on WSBN.PL as well.
IF, it turns out to be similar to Telfer's underground grade [grade also depends on gold price of which is much higher and is helpful in the scheme of things], then thanks goes to DL for giving WSBN the licence. DL could have given it to someone else or another AIM co etc or an ASX co. Thanks also to Mr Peter Romeo Gianni - I found out he pegged large tenements in Margaret River so he is a professional prospector etc. Pegging is not cheap so not every licence can turn out trumps either.
SAM GARRETT, Geologist has gone into the annals of LEGENDARY because he sold the Havieron licence to Greatland Gold and that has turned out to be Tier 1 now.
DL will in turn go into the annals of legendary status as well IF this turns out - this is the nature of the mining industry.
Many just follow thinking that every single project will be like Havieron without doing any indepth research. I research a lot on WSBN but I was not here for the 2022 drill. Why? I was familar with what Ed Mead said about Hasties and the other tenement next to it, near Telfer in that it has to be drilled deeper as that is the geology of the Paterson. But Covid hit and many co's couldnt move on with their project, hence, now that capital markets have been positive, the project is being drilled now.
DL has achieved his status for SONORA lithium, Mexico. Bacanora under Lord C was listed in Canada and the sector in Canada was so bad, they could not get funding due to the downturn. So Lord C turned to DL to fund drilling. DL used a shell and renamed it REM Plc. Today, Sonora is subject to international arbitration and it has been filed by Ganfeng against Mexico. Without REM 's funding, there would be no SONORA. The Mexican govt nationalised Sonora even though Ganfeng has said it should not be under nationalisation applied in retrospect from what I understand of the case. But let me finish with the MEXICAN OFFICIAL TREASURY let the cat out of the bag and stated: "MEXICAN FINANCE MINISTRY REPORT IN 2022 VALUED SONORA LITHIUM AT USD$600 BILLION". Reference to check: "MEXICO VALUES ITS SONORA LITHIUM DEPOSIT AT $600BN."-Mining.com, 22 Sep 2022.
I know that folks are DL this and that but in the world of family offices etc, DL has made a name for himself for Sonora.
So, not DL's fault if folks dont research enough and think every project will be another Sonora etc. Even Grand Nationals, race owners usually only have 1 in their lifetime. I wish to thank Casper as well given DL put his name in the tweet and it has to be Casper got the Investor's Chronicle article first. I never thought it could ever come out in the IC