Landore Resources Share Discussion Threads

[johnsalv] 19/12/2014 13:07

Impeccable timing with Xmas and New Year approaching.!!!!

[lochlea] 19/12/2014 12:20

Good to see BH's purchase. Let's hope it's a positive signal of things to come than previous.

Not a great monetary value - but better than nothing. Well played.

[luni2] 18/12/2014 21:59

Lochlea again I haven't laughed so much at a BB post for a long time, I must admit to looking forward to your posts here and on the other successful mining company run by these boys!

[lochlea] 18/12/2014 18:20

You'd think this has to be MEGA good news for LND. Well, you'd like to think so.......

[lochlea] 17/12/2014 09:45

Rumour has it down Madame Una's massage parlour that LND planning in 2018 the biggest state of art survey the world has ever seen carried out. Rumour also has it they plan to search for shale gas to add to the lengthy list.

Only a 10 bagger now for BH to get his money back on his last 'on the market' 16.5p purchase many moons ago. What a strong signal that was!!

Stay dry. Watch this space & keep smiling. Richard is King (even if he couldn't tell you one rock from another).

[lochlea] 21/11/2014 08:26

Please be reassured & comforted by the words of the resident BOD spokesperson on here. The wrinkly, white-haired groupie who said:-

"I had a chat with the Directors at the AGM last June ....... there will be a number of updates this year and you will be highly delighted with the outcome."

Only trouble is that was said in 2011. And when share price was in double figures.

[lochlea] 19/11/2014 16:07

Ironic nickel spot having a really good day today. Although ideally it needs to be 25% higher to make an attractive margin on 100,000 tonnes at JL (if the capital costs are still $50 million and the operating, refining and transportation costs are still circa $12,000 per tonne). Attractive enough for anyone to invest in developing a mine that is.

[luni2] 19/11/2014 12:59

Just read your message no. 3941, haven't laughed so much for a long time. Trouble with these explorers, if they can't make a case for a mining company to buy them out they just drill and drill and drill....... Desperate times, I feel sorry for them

[value viper] 19/11/2014 11:04

Remind me what got the stock to 4p last time ?!

[robers98] 19/11/2014 07:24

Drill news out.

[value viper] 18/11/2014 13:02

just bought on the bid ! way too low, gotta be ?!? NRI

[lochlea] 10/11/2014 16:44

2 worrying trade sells today.
£10 odd gross each with trading costs to be deducted.
High finance/investing...... how do some sleep at night, eh?

[robers98] 31/10/2014 16:52

Nickel price jumps again – Chinese stocks gone by April

ndonesia, supplying more than a fifth of global exports, surprised the mining world in January by putting into effect an outright ban on nickel ore exports.

Initially record warehouse inventories, massive stockpiling by Chinese pig iron producers and growing mine supply kept a lid on the price which was languishing at near five-year lows below $14,000 a tonne at the start of the year.

The Asian nation, against expectations, stuck to its guns and the ban, in combination with fears that tensions with Russia could affect supply from top miner Norilsk, eventually sent the price of the steelmaking ingredient above $20,000 in May.

Stainless steel production which accounts for 65% of refined nickel demand, has risen sharply in 2014
But as LME stocks continued to rise and the Philippines – the only other source in the region of high-grade laterite ore required by China and responsible for 9% of global mine supply – took up some of Indonesia's slack, supply worries subsided and the price tanked again, nearly wiping out all 2014's gains.
This week traders realized the sell-off was overdone after a report by Shanghai Metals Market forecast Chinese port inventories would be run down by April next year.

Nickel ore stocks at five major ports – Tianjin, Rizhao, Lanshan, Lianyungang and Jingtang – which account for 70% of the total stood at 15.3 million tonnes in October, down 17% since the start of the year.

The nickel subsequently price rallied 5% on Tuesday and today added another 2% to trade at $15,895 a tonne.

On the demand side the outlook for nickel is also rosy.

Capital Economics, a research house, points out stainless steel production which accounts for 65% of refined nickel demand, has risen sharply in 2014.

US stainless steel output grew 16% during the first half of the year, China's production jumped 17% while the European Union managed to roll out 4% more stainless steel.

Further out the nickel price could also be supported by plans by the Philippines to follow Indonesia's playbook and ban ore exports.

The longer term positives are reflected in price forecasts.

Capital Economics forecasts nickel to reach $21,000 next year, but others are even more bullish. Citibank sees $24,000 next year and a peak of $30,000 while Scotiabank predicts $23,700 in 2015 and highs of $26,500 the year after that.

[lochlea] 23/10/2014 14:10

LOL...... the resident P-brain pressumably ticking-up your post luni interpreting your comment as being pro LND/PGD.

[luni2] 23/10/2014 10:41

Lochlea I'll tell you where, simple and obvious........ Share consolidation. Here first and then their other success PGD will go the same way