|If's and ands ... pots and pans:
I know that this may be a "length of a piece of string" type of question, but I wonder given the dilution since the heady 18p days, what sensible share price expectation can ever be realised if there is ever enough gold to take into production here?
Does anyone have some sort of guesstimate as to what might possibly be achieved here in the New Year after so much dilution?|
|Landore lacks any promotion at the moment but hopefully that will change after the Resource is announced.
The deposit looks good , it's decent grade and will have extremely low production costs.
It should be attractive to one of the producers next year as the ounces increase.
I've been in the stock for a long time but they now appear to be onto something significant. The share price is disappointing but that will sort itself out in due course.|
2. Report results
3. If results warrant, raise more funds and drill more
4. Report results & again if results warrant, raise funds and drill more, repeat
5. Work towards a resource, reserve, BFS, build mine
Isn't this how all resource companies behave?|
|Having heard nothing for weeks I popped in here today and see there was an RNS on the 5th.
Is it any wonder that nobody knows about this? I presume Landore no longer has a PR department. Until this year, we at least used to receive emails with RNS news.
In this day and age, the very least they could do is get an intern to put together an email address list to send their shareholders RNS updates.
|All of the above lol|
|So, what's the programme now?
1) Share price continues to drift south?
2) Drilling update late Q4 2016 or early Q1 2017 - which likely won't make a toss of a difference to the share price
3) Share price continues to drift or be manipulated lower?
4) Mid Q1 - Placement sub 2p to facilitate funds needed for drilling prog in Q2?
5) Late Q1 - Announce resource estimate?
6) Share price then recovers and all the BNC/PGD/LND ramping brown nosers are happy?|
I totally agree.They are like the proverbial butterfly,alighting here there and everywhere.I dread to think how much they have spent hole drilling in the past decade,not to mention the directors renumeration in all that time.Of course, it is the shareholders who bear the brunt of all this.Yes, like all of us,I am still waiting for that elusive delivery.|
|Blimey why all the doom and gloom all of a sudden?! They're sat on a potentially massive gold find and after years in the doldrums thinks are looking very positive. Give them a chance for goodness sake...|
|To finance their drilling of holes,they have had placing after placing, over many years.This has resulted in heavy dilution,so need you wonder why the share price is as it is.They have moved from one project to another,with none coming to fruition.Currently their only ray of hope,as far as I can see,is their Bam gold project.Everything else seems to be on the back burner.|
|These "conversations" probably displaying surprise at the 12-13 year gap.
johnsalv 5 Dec '16 - 11:20 - 1107 of 1119
In 2004 Bam Zone Report showed mineralisation from trenching samples.|
|Yes,and has anything happened? So far,no results from these conversations.
Not that we have been told about, which is why I said
'It's possible there might...'
Probably nothing will come out of these talks, but if there is, neither you, nor I will know about it, until the RNS.|
|Yes,and has anything happened? So far,no results from these conversations.|
|It's possible there might not be any fund arising at all if these management comment come to fruition:
It’s also that other parties are beginning to show an interest in BAM too.
“We’ve got a lot of people talking to us,” he says. “After we finished the first round of drilling we had people calling straight away.”|
|Fundraising for drilling prog in 2017 & 18 & 19 etc? Keep an eye & lid on share price for any Placement(s) required?|
|Right imperial3, Looks like money in the bank but it's not opening yet, There have been some big buys recently from 3p, with not much movement, Very interesting this and looks well worth keeping up with.|
|Sometimes pending these results we see a bit of a surge upwards, normally 2-3 days. However any gains don't seem to hold their position and we drift back down here.
Bit of a trading opportunity maybe - I was holding out for more significant longer term gains myself.|
|Hello Bygdennis. Why are they hiding their light under a bushel? Is there a lack of communication between the company and investors.They are certainly giving that impression.What they are doing currently is not helping the share price,not even a tick up now.It looks as though we will have to wait until next year for any decent movement upwards.|
|Hi Imperial3 What i mean is, If you look in the daily RNS news on the home page LND although have news it is not posted, It was the same last time, No reaction then either. This could be in for a bumper day when the full results come, If of course they let anyone outside of here know about it|
|Landore Resources powers on at the BAM East gold discovery
Landore Resources continues to deliver solid results from its BAM East gold discovery
The share price graph of Landore Resources Limited (LON:LND) makes for pleasing viewing. From June of 2016 the company’s shares have steadily risen in value, from around 2p in June to just under 3p now.
That’s perhaps not as spectacular a rise as some companies have enjoyed as commodities prices have come back in recent months, but it is a true reflection of the methodical approach the company is taking at its BAM East gold project in Canada, which is now shaping up into a major gold discovery.
The latest drilling has intersected widespread gold mineralisation near to surface very close to where previous drilling showed significant intercepts both in terms of grades and width.
BAM East is now known to extend along a strike length of 700 metres and remains open to strike, to the east and to the west and down dip.
Among the highlights from the most recent drilling were two metres at 12 grams of gold per tonne and one meter at 8.87 grams.
More results are pending, both from further drill holes and from ongoing metallurgical studies. A resource estimate is scheduled for completion in the first quarter of next year.|
|This news release has hardly sparked any interest,just looking at the pitiful volume of shares traded so far.|
|It is rather strange that twice now updates have not been included in the main news panel, The updates are only being placed here, so unless it is stumbled on then who's going to know about it?
Is it being kept low key for some reason?|
|Would like to see all these positive drill updates translate into a re-rate of the share price Not sure how we're still down at these levels.|
In 2004 Bam Zone Report showed mineralisation from trenching samples.
A further 1000 metres West ( Line Zero )
Maybe "The Golden 2 Miles"|