Jun. 21 at 3:36 AM
$ATLX Some thoughts:
1. Mr. Market has thrown lithium into the Dog House. He despises lithium. However, the lithium macro-trend remains, and with near surface hard-rock spodumene, Atlas Lithium will have a low-cost advantage. Therefore, so long as Marc and crew perform, I think contrarian investors could be rewarded here.
2. Atlas Lithium's subsidiary "Atlas Critical Minerals"
$JUPGF recently provided an update. So far, it appears to be flying under the radar. In fact, JUPGF has a TREO project, and the company's footprint also includes iron, copper, gold, nickel, graphite, and uranium projects. Plus, with an estimated 40 year mine life, its Silver River Quartzite Mine is now producing (ie: revenue). Currently, JUPGF has a market cap of
$25 million. Meanwhile, some peers in the region enjoy mkt caps in the hundreds of millions.
In short, I think both ATLX and its subsidiary JUPGF are undervalued and overdue for a re-rate. Do your own DD.
Charity. Patience. Humility. A reminder for myself.