Landore Resources Share Discussion Threads

[idle jack] 08/4/2016 17:02

Good week. Something to have a Friday tipple for!

[chutes01] 08/4/2016 14:48

very quiet now, should move to nearer 4p over next week.

[idle jack] 07/4/2016 18:15

I can see this re rating or being sold.Could be uncomfortable for some.Things could move quickly. One to be long in imo.

[robers98] 07/4/2016 17:56

Justino, thanks for the info. good to hear.

[pixi] 07/4/2016 17:51

What's not to like about the unexpected gold find? That's why I bought in today, there is no knowing how big this is. They've only drilled a small number of holes into it:

[lochlea] 07/4/2016 17:12

You're right justino - they deserve some credit for not throwing in the towel.
Although the vast investment made by the so called 'private equity group' might have been looking for blood if that had happened.

It seems to me since they've involved various outside consultancies things have looked a lot more focused & productive.

[imperial3] 07/4/2016 16:13

We just do not know how big the gold find really is.Not even any estimates.Only good drill holes.The tale will unfold when more results come in.

[justino] 07/4/2016 15:54

Hi Stan, all good thanks, good to see you pop up. Hope you are well.

Good times ahead!

[chutes01] 07/4/2016 15:45

traders away now, looking to see this get hiked much higher

[stan-the-man] 07/4/2016 15:38

Great update Justino. As you say, very exciting times. Hope you're keeping well...

[justino] 07/4/2016 15:04

Apparently the Canadians like the story. Maybe them with some afternoon buying?

[agent x11] 07/4/2016 14:44

Looks like Pixi timed this right.


Alas, I am waiting.

[agent x11] 07/4/2016 14:25

You sure?


Be careful,it went down to 1.4p on Tuesday

I am waiting for the chasers to exit with hot money.

[pixi] 07/4/2016 14:17

I've bought in today now the froth has been removed.

[hugus maximus] 07/4/2016 11:49

Thanks Justino - that seems a good appraisal.

Luni2 Objectively, I might add that Lochlea has been justifiably critical of LND over the past few years and his current expression of optimism seems to me most reasonable.

Good luck to all Landore Shareholders
HM

[justino] 07/4/2016 10:51

Whatever your opinion on the management you have to give them credit for not giving up. The Nickel and most other metals markets are depressed but the resource is still there and it probably is at or very close to the target 100k tonnes. If the Nickel price was back where it was a few years back the company may have already been sold.

Give them credit for keeping going and finding this new gold discovery that looks to have huge potential. The gold market compared to other metals is buoyant and we are in a pro mining country with very good infrastructure. Near surface, cheap to produce material and grades increasing at depth. Majors want low cost resources to replace their high cost exisiting operations.

It's not going to take too long to find out if the mineralisation is repeated over the 2.7km and if so this could well be BNC number two. If it is i believe they will sell the whole lot, the Nickel project and maybe even Lamaune?

Should be an exciting year. Good luck to all holders, both veterans, and newbies!

[lochlea] 07/4/2016 10:11

..... BTW.........although I've always been highly critical (easy to be an armchair critic) I've always held LND stock and that imho gives me more right to be critical. Not sure I altogether understand the motive of those who regularly post negative or critical comments and don't hold. For the benefit of others? Surely not?

[lochlea] 07/4/2016 08:20

...... one day we'll wake up to a RNS at 7am with shares being temporarily suspended on receipt of formal Offer.

You'll have to be in it to win it.

[lochlea] 07/4/2016 08:17

They have an income stream now from the Lithium sale.
They still have the private equity group on board as they have for many years. They are not going to abandon ship so close to the end game. As I mentioned before LND has essentially one pair of hands on the wheel. And he's 76 years of age. End game not too far away now.

[agent x11] 07/4/2016 07:10

Careful

It's way overbought. MMS will squeezing punters before next news. Look at that 4m shares sell.


Hit them where it hurts more at a low price. I think this is a 2 men team. How much money they have left?

[sandeep67] 06/4/2016 23:29

How long before Metal Tiger come knocking on the door for a buy in?