Leyshon Resources Share Discussion Threads

[kenco7] 03/2/2014 23:38

Thats not a RNS its a bloody update on what we all know anyway....A complete waste of time i wash my hands with this boring share and the BOD.I am running at a lose with this one and shall sell the lot in the morning.The lose i have made i will be able to get back within hours anyway by moving on to the next share.

[mpclag] 03/2/2014 21:55

I'm so glad I sold out at over 2p. Not even tempted to get back in!

[hallow] 03/2/2014 14:14

How much lower can this fall, now 1p on the bid.

Atherley....................

[useless23] 03/2/2014 12:47

What are they doing to earn their high wages?

[hallow] 03/2/2014 12:20

It's a fantastic RNS. Well done Paul, up to your usual standards.

What's the next big idea.

[ff2345] 03/2/2014 10:05

Disgraceful RNS..... all that hope and expectation has come to absolutely 0 and they get away with it.

So very wrong.

[useless23] 02/2/2014 23:19

RNS out on asx

[ff2345] 01/2/2014 06:57

As I see it, LRL is basically the exploration asset which is up for sale.

[wordog] 30/1/2014 19:46

At least wait for the next rns I think.

[salmac] 30/1/2014 15:14

What to do - buy more or sell the lot? Hmmm, think I'll sleep on it.

[edward3] 29/1/2014 14:01

no.....not until we get news of some kind...

[sirraman] 29/1/2014 09:36

are we on the move towards 2p again....??

[nick297] 24/1/2014 20:04

Back to where we were hehe...

[kenco7] 24/1/2014 01:23

I have always said to myself if PA can get taken hostage then walk away with millions then thats the guy i want running the show....DYOR with that one he talks about it in an interview

[bullsvbears] 24/1/2014 00:01

Hope springs eternal. Why should PA suddenly change his ways?

[nick297] 23/1/2014 22:16

I hope this time PA is more realistic about things and has given up his habit of day dreaming.

[useless23] 23/1/2014 21:44

I'd prefer the dust to settle before we get further news.

[nick297] 23/1/2014 20:05

Well not a great day, we were expecting some fireworks here today. Bit of a disappointment with no news as usual.

[cupra kid] 23/1/2014 19:51

The mill, yes we all know that, of course we need to price in growth, exploration, sentiment and all the other aspects that go towards the share price Sock however was purely basing his opinion on 'cash' which is why I asked the question why should the share price reflect just cash, it would be pointless.

I would imagine hundreds of shares trade at below cash and likewise hundreds trading above cash. It's not the be all and end all for the share price

[socktrade1] 23/1/2014 19:06

The Mill, exactly... this is my point, len have $35m , cash is 8p, lrl is circa 1.5p and cash is half that, plus the asset is not wortj much, ok there might be acquisitions but there will be acquisitions in len too and this is undervalued, both have potential but len has more potential, as it's already undervalued, they have just appointed one of the best people in the industry... not deramping just stating my opinion.

[the millipede] 23/1/2014 18:17

"If everthing was priced as it should be then whats the point in buying/selling shares?"Because businesses grow and risk profiles change.For instance, a gas exploration company might be valued at cash levels while engaged in exploratory drilling. If that company finds a lot of gas, and makes money selling it, then the shares will re rate to reflect the new reality. It would not necessarily be that the price was undervalued previously, just that a risk discount was applied. Once the gas is found you would not expect the risk discount anymore.Of course if this hypothetical company does not find gas, and spends all its money, the shares won't be worth anything.Having said that I honestly believe the market can misunderstand risk and misprice stocks - as it did to banks before the credit crunch.

[napdphil] 23/1/2014 17:01

Ignore that just realised its £3'000'000 dollars

[napdphil] 23/1/2014 16:56

socktrade1 - 23 Jan 2014 - 14:22 - 14734 of 14738if we forget about the assets and just vaue the company on cash, len is worth 8p and you can buy at 6.5 where as lrl is worth circa 0.07p where as it's priced at double its cashI get LRL cash value @ 1.2p not .7p?

[morriseyme] 23/1/2014 16:18

While we await further news Something brewing at MARL, lots of news due and going very strong into close.