Landore Resources Share Discussion Threads

[johnsalv] 16/8/2016 10:34

Good Morning Imperial3
A few months back we were buying LND at 0.5p - now 2.5p = 500% increase after BAM zone discovery.
If Ardiden discover a decent amount of Lithium on Root Lake - Will their share price remain at 0.02 cents?

[chutes01] 14/8/2016 22:34

Fingers crossed for the week ahead !

[davidblack] 14/8/2016 22:13

Well I think if the results are good this week? We will start to see Landore motor.

Assumimg they can demonstrate that the gold has strike length. Then the question is just how much more do they need before they have enough for a simple starter put.

Nothing fancy but something that could deliver proof of concept and maybe some friendly cash flow?

So figures crossed for some nice visible gold in those quartz veins, the question then arises just how far to depth do those veins run? Also is the grade increasing as they go to depth? Lots of juice potentially but for now quite a few questions?

Hopefully this will be the first new LSE gold discovery which can kick start the junior mining sector here, Canada is already getting frisky on good news.

Fingers crossed!

[imperial3] 12/8/2016 13:53

David Black.

Yes I agree their main focus now is BAM gold.

Johnsalv.

Thank you for bringing this to my attention.However as each Ardiden share is only currently valued at .02 of an Australian dollar,there would have to be a huge increase here to have any noticeable effect on Landore.

On the 17 May Landore did report that they are currently reviewing their lithium prospects.

[chutes01] 12/8/2016 13:50

Adding ahead of more news next week

[justino] 12/8/2016 13:46

Gold up on weak US retail sales. Could be good timing for LND.

[davidblack] 12/8/2016 12:41

We would appear to have a few bored sellers today who are tired of waiting.

Good luck to them but I think I will wait a while as I expect that results are likely next week? Just a guess of course.

[johnsalv] 12/8/2016 11:19

Imperial
Lets hope Ardiden are successful with their exploration/drilling program on Root Lake, which will hopefully send the Ardiden share price higher.
Why ? because LND now own 7.6 million Ardiden shares.

[davidblack] 11/8/2016 17:26

Imperial I doubt much on the lithium, their efforts were on the BAM gold

[imperial3] 11/8/2016 17:02

Will they have anything to say on their lithium prospects,and if so,when?

[chutes01] 11/8/2016 16:55

A further update nextcweek perhaps

[temujiin] 10/8/2016 07:33

'Only four holes out of fifteen had been assayed on the first release.'

Yep, and another 900m of drill was still to be done, which will probably result in another 4 assays in addition to the 11 we're expecting :)

[chutes01] 10/8/2016 00:26

The MMs will have to hike the share price higher due to stock availability

[davidblack] 09/8/2016 22:55

Nice steady decent buying and some selling so that those who want to leave can do so without upsetting the apple cart.

The good news is the buying is clearly putting pressure on the MMs stock wise?

Well we have more news releases to come from the next batches of recent drills. Only four holes out of fifteen had been assayed on the first release.

Hopefully the delays are down to being required to re-assay which is very common when the gold is unusually high grades. That's very normal when you are finding VG gold in quartz veins.

Fingers crossed!

[chutes01] 09/8/2016 14:38

Trying to get over 3p level again

[chutes01] 08/8/2016 15:09

Chart looking very strong for 10

[chutes01] 05/8/2016 16:22

Bit daft to sell at this price unless taking a quick 40%
Should see nearer 5p in few weeks

[davidblack] 05/8/2016 09:50

Yep interesting times, would be nice to see 3p on what we now have.

But in truth if we get good steady recycling of stock ahead of the next news that will set us up for much higher prices on some juicier "Good News".

Fingers crossed.

[temujiin] 05/8/2016 07:53

I could be wrong but I think DB's point is the share price has risen from approx 0.8p, pre gold discovery, to 2.5p.
IMO the latest, frankly cracking RNS, allowed a share price spike for profit taking, then it fell back, but to levels that were already 3 times pre gold discovery levels.
As the next approx 15 assay results are likely to be released in several RNS's as they come in, it'll be interesting to see if the share price rises and falls, or rises and settles higher. Hopefully the latter as I now have 430k of these :)

[2magpies] 04/8/2016 21:36

True it had risen a fair bit already, but 25%? And all of that before the RNS!

Surely after the latest RNS it ought to have soared? Instead, it's actually DOWN!

Hmmm.

The RNS seemed good/excellent to me.

[davidblack] 04/8/2016 18:55

It's up 25% from the 2pm I paid two weeks ago.

That's hardly failure? Or if it is I could do with more of that sort.

[2magpies] 04/8/2016 18:28

Despite the 'swarm', the share price slipped.

For resource minnows that can indicate fundraise being worked in the background.

The share price ought to have soared. It hasn't.

Let's see what unfolds.

[hugus maximus] 04/8/2016 18:14

Fingers crossed indeed Paul .. your interpretation of events are much appreciated here. Many thanks HM

[davidblack] 04/8/2016 17:02

Oh my geologist friend commented that the bit that caught his "Eye" was that Landore might have found a "Swarm" of quartz veins which is rare but might carry substantial amounts of gold, if we are lucky!

So lots of work to do for Landore to do over the summer ahead of the next drilling campaign. They will be much better informed as to what sort of "Animal" they have by 1st of October when the ground starts to get hard.

Fingers crossed.

[davidblack] 04/8/2016 16:55

I think you must be confused those weren't "Good News" they just drilled the existing known mineralised zones which unsurprisingly came back with exactly what they had purchased.

On the back of that their stock went no where.

It would have been a shock if it was anything else, it was just an audit check.

Hopefully they can add some real value in the months to come.