Landore Resources Share Discussion Threads

[lendmeafiver] 16/4/2024 19:49

Agree, expectations were too high back in 2022, what’s a realistic deal now? 20p? Roughly where the share price was when the strategic review was undertaken funnily enough.

[jmr_gold] 16/4/2024 19:32

It is also worth pointing out that pretty much all gold miners are still doing bad relative to record gold prices. Its not just Landore, but granted Lnd is doing particularly bad. Things will turn IMO asset is too valuable, especially if gold price turns into a permanent move up and not just a spike.

[jmr_gold] 16/4/2024 19:11

There is no BOD. Just Glenn now. He is an underwater as anyone and wants the company sold. He will be prepared to do a cut price deal unlike previous CEO Bill H. A deal is coming IMO.

[rayte] 16/4/2024 17:24

I wish they would just sell it and let professionals do the job for them 🤠

[cyrilsneer1] 16/4/2024 16:12

Have to agree with you there, they're f@cking useless.

[rayte] 16/4/2024 15:13

Rich
Sadly you seem to be unaware of the absolute disasters of the LND board. They are one of the most incompetent out there.

I'm here for a trade on the back of gold prices but don't expect these imbeciles to do anything productive esp for the benefit of shareholdes.

They are beyond useless and that's why the MC is 3mil with gold sitting at 2350

[stockhunters] 15/4/2024 19:48

gold up another 1%

[cyrilsneer1] 15/4/2024 11:21

New investors will make serious money here, us LTHs may just about break even.I think your timing is spot on.

[richgit] 15/4/2024 10:34

Added 500k.

I look at Landore as if it was a new Stock on Aim with circa 1.5million Ounces of Gold,a PEA with a circa IR of 67% return,and That was at Gold far lower than now.

Assets Many Multiples of higher value than its Market cap

A Management now Totally Focused on its Gold assets at BAM,with every chance of
building those assets to at least 2 Million Ounces Gold (+ Potentially far More)

An absulutely ludicrous Market Cap related to all the above.

Could this be a serious Mult-Bagger in the now confirmed Bull Market for gold !!?

I believe so,yet that is no Guarantee,...

However when we get a true run into Gold stocks,there will be some new Cos
arriving with nothing more than a Potentially prospective drill area,and nothing more -yet being valued at £25 Million.(I have witnessed it all before in 30+ years
of Investing in Gold stocks.


Even the Precious Metal Graveyards of Canada- a Country that has sold all its Gold-will wake up.


When they do- Landore will be warmly Received- but who needs the Walking Dead
Investors of Canada at this moment !!?

I have bought Dozens of Canadian Gold stocks at Bargains beyond belief.


IMHO

.

[john henry] 12/4/2024 16:31

Gold topping out for now imho

[john henry] 12/4/2024 16:30

PA should fill the gap to 3p

[lendmeafiver] 12/4/2024 16:25

The way gold is moving will be working out the NPV at $3000/oz soon, must be huge.

[cyrilsneer1] 12/4/2024 16:09

Going to be interesting how this plays out, even the LTHs that had thrown in the towel may even start dreaming again.Turn around here will all down to the gold price, nothing to do with the incompetent board.

[lendmeafiver] 12/4/2024 16:05

Gold now 2430

[john henry] 12/4/2024 15:58

Cash balance end of H2 around £1.3M should last around 12-18 months

[cyrilsneer1] 12/4/2024 15:04

Gold price will move this north now, rising tide lifts all boats.

[goforgold1] 12/4/2024 13:44

Really 600,000 how long will that last . Mms pushing up to let people out from funding . So all the idiot pis buy them thing there cheap . Ha Ha XLondon, United Kingdom - 4 January 2024 - Landore Resources Limited (AIM : LND) ("Landore Resources" or the "Company") announces that it has conditionally raised GBP600,000 before expenses by way of a placing (the "Placing") and a subscription (the "Subscription") of, in aggregate, 25,000,000 new ordinary shares of nil par value each in the capital of the Company ("Ordinary Shares") at a price of 2.4 pence per share (the "New Ordinary Shares") (together, the "Fundraising").

[njw2] 12/4/2024 12:31

This will break out soon . Could easily see this 10 p plus very quickly

[stockhunters] 12/4/2024 11:15

looks very cheap looking at npv

[lawson27] 12/4/2024 10:56

would be good to see this one pop out of its recent trading range, GLA

[source] 12/4/2024 09:31

Probably at $700m now.

[lendmeafiver] 12/4/2024 09:06

Now 2,399/oz what does that do to the NPV