Landore Resources Share Discussion Threads

[lochlea] 17/1/2020 09:00

It's certainly a strong indicator that they're now looking at some form of major corporate deal. And not continuing to go solo to dig more holes in the ground.

[stockstracker] 17/1/2020 07:47

LND Landore Resources appoints experienced non-executive director https://rb.gy/2dwveo

[lochlea] 17/1/2020 07:31

Let's assume GF has been brought on board for his M&A expertise. We certainly don't need another accountant. He didn't contribute much with PGD but let's not be too judgemental. Sounds promising.

[robers98] 16/1/2020 11:21

hTTps://www.landore.com/ New corp.presentation on the website

[lochlea] 14/1/2020 13:06

Almost tempted to put a positive spin on this latest fundraising. Not a lot you can do with that relatively small amount raised (£225k) for any great length of time (especially when compared to circa £3m raised in past with individual Subs/Placement). MAYBE there is something going on/ being negotiated in the background. Let's hope so.

[stockstracker] 11/1/2020 16:10

Landore Resources Ltd (LON:LND) boosted the NI 43-101 resource at the BAM Gold project to just over 31mln tonnes of ore grading 1.02 grams per tonne gold. https://twitter.com/smallcappick

[robers98] 07/1/2020 08:20

Landore pushes gold resource at BAM over the one million ounce mark Landore's summer drilling campaign has also significant boosted the indicated resource. Landore resources Ltd (LON:LND) has boosted the NI 43-101 resource at the BAM Gold project to just over 31mln tonnes of ore grading 1.02 grams per tonne gold. That gives a total of 1.015mln ounces of gold in the ground. 747,000 ounces is in the indicated category. The BAM Gold deposit now extends for 3,700 metres, but remains open down dip and along strike to the east and the west. In addition, a recently completed soil sampling program has identified widespread gold mineralisation along strike to the west for a further seven kilometres. “The directors believe that the continued growth of the BAM Gold deposit together with the possible future development of new discoveries along this highly prospective 31 kilometre long Archean greenstone belt has further enhanced the likelihood of the Junior Lake Property hosting a multi-million ounce gold deposit,” said Landore chief executive Bill Humphries. In February 2019 a preliminary economic assessment established a post-tax net present value of US$123.71mln for the project. At the current gold price of US$1,560 that post tax NPV is elevated to US$227.37mln

[lochlea] 18/12/2019 08:52

On checking I'm not so sure the gold associated with Lamaune is directly held under licence with Landore Resources Canada Inc. But I guess ultimately all comes under the umbrella of the Company most of us hold shares in (if we have held pre Lamaune). And I suppose having the Vice President of Landore Canada Inc (as well as being a director of Lamaune) deal with the outside consultancy Cube is better than the same person who isn't even a Director of LND, let alone a shareholder, makes some sense. I made the mistake of thinking someone who is a qualified person under NI 43-101 would along with someone else who has been in the business over 50 years would have been well capable of doing an 'in-house' resource update. But I understand the benefits of going to the expense of it being handled part independently by an external company.

[lochlea] 17/12/2019 19:08

Yes, you are probably right, on both counts. Thanks for clarification.

[hungary16] 17/12/2019 18:33

I assume the Resource calculation should still be prepared by someone with the appropriate expertise whether in house or not rather than by the company’s geologist and an engineer. I also assume Landore Canada owns the BAM licence.

[lochlea] 16/12/2019 16:33

Taken from the last RNS :- "Cube Consulting Pty Ltd ("Cube") has been engaged by Landore Resources Canada Inc. ("Landore") to complete an 'in house' update the BAM Gold Resource to include the 2019 drilling campaign." CAN ANYONE TELL ME PLEASE:- 1) Why they have to get an external consultancy to do an "in house" resource update? 2) What are Humphries & Tuomi currently doing day-to-day??? Drinking coffee???? 3) Why is it Landore Resources Canada Inc have instructed Cube and not Landore Ltd?????

[hugus maximus] 14/12/2019 14:48

Flip lochlea!

[hugus maximus] 12/12/2019 18:30

STAN-THE-MAN ... stand corrected ... realsing now that what was mentioned here was the Landore directors are going to be in attendance at the Lamaune AGM which seems very unusual.(And I was originally allocated 11,641 Lamaune shares ... just looked in my share account and indeed they are Delisting) I invested too heavily here aroud 2010 when they had a poor communication strategy ... since which time it's become abysmal.

[stan-the-man] 12/12/2019 17:48

It's the Lamaune AGM...

[hugus maximus] 12/12/2019 16:44

Today is Landore's AGM in Canada but as these guys can't even spell the word "communication" ... I guess we have no access in the UK to what goes on until somebody posts us a letter? Is anyone aware of any sort of 20th century access to what happens / happened?!

[hugus maximus] 06/12/2019 09:30

Fingers crossed lochlea!

[hugus maximus] 04/12/2019 09:57

Surely something significant next Thursday? Directors can't possibly continue to take wages?

[lochlea] 22/11/2019 15:32

Ref Lamaune Just received through letter box Notice for AGM on 12th of next month. Might just be mere formality/routine to simply re-appoint the 3 Landore directors. BUT the timing seems a tad odd (odd as in being 'interesting') as the accounts were audited way back in April. And I don't think there's been an AGM for over 2 years (but could be wrong on that). And meeting is being held in Canada (think for 1st time). Mmmmm

[chutes01] 21/11/2019 12:48

on the move