Landore Resources Share Discussion Threads

[idle jack] 06/7/2020 09:20

From LSE board..... Regarding the gold market. "Explosive, unlike anything we've seen" says Canada's billionaire, Frank Giustra. In Sept 2019, the 3rd phase of the gold market, has just started. (And this was all before C-19..) "It's going to blow through $1900 after 0% interest rates, then they'll start QE then competitive currency devaluations". "I bypass the seniors, but i like the intermediates and the juniors and the Developers!! "It's like every cycle I've seen since 1978". "Insanity is going to hit the gold space", only 80 gold producers in the world... "All you can do is back management groups that have done it before... that don't 'over promote' and are honest".

[justino] 06/7/2020 09:11

In 2016 upon the new discovery results the share price popped to 4p. Despite further dilution the story is much clearer now. 1 moz proven open in all directions with very low capex. Multi million oz potential and gold price now $500 dollars higher. That's $500 pure extra profit per oz for the eventual owner/miner.

There's no reason in my opinion why 4p won't be retested again soon. If our eminent new investor is who i think he might be the rerating shouldn't be too far away. A TSX listing would be the icing on the cake for me.

The time next year Rodders ;-)

[tizzer] 06/7/2020 08:49

With a bit of sustained buying, like we're seeing this morning, then this could definitely pop...GLA

[chutes01] 06/7/2020 07:14

Average down if you can

[idle jack] 05/7/2020 23:02

Mr. Maximus....please tell me you've maximised yr position at, and under 1p. If not....please consider doing so if you should feel the need or desire.

[imperial3] 05/7/2020 22:31

Mark1000

I totally agree.This has been an unmitigated disaster for private long term investors who have nearly been diluted to oblivion.Such destruction of investor confidence just beggars belief.The shattered share price is clear evidence of this.

[chutes01] 05/7/2020 21:54

will we 2p this week ahead

[czar] 05/7/2020 15:14

Never been a better time to back a gold play, BH knows this game better than most so expect something positive to happen soon. Also like KEFI at 1p

[mark1000] 02/7/2020 00:01

Well the shares have been a disaster for many over numerous years buying the dream and getting diluted diluted and diluted. May be the 2.8M is to get a real hold on the size of the resource before winter sets in. With gold prices super high nows the time to sell to a real miner who has greater ambitions than digging more holes and doing some nifty mathmatics to work out the size of the resource. Lets hope so as we have many long suffering shareholders investors who would like to see some return from that there gold.

[glennrcharles] 01/7/2020 23:54

A sadly departed and well known private investor used to relate that the ceo would tell him that Landore will come good and not to sell it. Hopefully there will still be a few investors left breathing air when this does finally come good.

[bygdennis] 01/7/2020 19:11

You don't think these investors are having a gamble, a whim or nothing better to do? There's gold here among other things and a million ounces is not a seeding and should be taken more seriously never mind what the big boys think. They've not really got going yet and visible gold near the surface brings the question how deep does it go and how far and wide? These (big boys) are not big by taking chances, they need evidence and indications have been showing this!
It seems as it always has, the board are not bothered about the small investors, usually after largish buys an equally or thereabouts countered with sales, possibly to discourage the small everyday guys who knows?.
Some could get very rich on this with majority holding means votes/control? this could over the coming years do very well, possibly more placings to run
to let a few more (Big boys) in?
It may take a few more years, maybe not but we could do very well being quiet and patient as we always have been, Then again it could fly anytime but maybe we need the results from the current drill schedule, the 3m plus placings over the last couple of months isn't chicken feed? Or is it?

[lochlea] 01/7/2020 18:17

Some big hitters now invested. Things should move more at pace than before. Mind you, that ain't saying that much.

Stay dry and ride those waves FFS.

[idle jack] 01/7/2020 15:55

Yeh yr not wrong there....hopefully this time we'll get a bloody move on. Interested to see who the eminency is.

[mark1000] 01/7/2020 14:39

Idle Jack my research was carried out watching Aussie gold hunters they really get on with it. Landore on the otherhand well they dig holes and snore snore.

[idle jack] 01/7/2020 13:51

Always wondered the complexities of building a mine. That explains it.

[mark1000] 01/7/2020 13:37

2.8 m good for a certain 80 year olds pension fund dig some more holes for another year or two find some more gold.
Why do the investors throw more money in for ever diluting themselves to keep this circus on the road. Suggest they use the 2.8M for a metal detector wheel barrow pick and sledgehammer and start extracting the stuff.

[lochlea] 01/7/2020 08:52

Wouldn't surprise me if the author wasn't Maverick.

Good to have another financial journalistic view rather than proactiveinvestors for the past 15 years.

[idle jack] 30/6/2020 22:08

@TheMoneySponge

[idle jack] 30/6/2020 21:55

Good spot that Maverick. Who is the author? I can see his picture but no name.

[maverick247] 30/6/2020 21:15

Landore covered in spongshare latest blog https://spongeshare.com/2020/06/30/more-gold-for-me/

[bumpa33] 30/6/2020 09:06

bought some this morning, been watching it for a while - the placing was a surprise as the company looked up for sale. Perhaps it still is. But with money in the bank, maybe a higher profile from whoever the eminent gold investor is, a decent resource and a great operating jurisdiction this is a bit too cheap. Especially considering valuations of some it’s peers out there. I use the term ‘peer’ lightly....

[lochlea] 30/6/2020 08:58

The EGI will surely be confident of a reasonable short-term(ish) return and must be envisaging an end game, otherwise it'd be a tad difficult to trade/sell 200 odd million shares on the open market via AIM. Be interesting to know the EGI's target price range. Got to be an absolute minimum of 5p??

[justino] 30/6/2020 08:35

The 'Eminent Gold Investor' could be key in finally getting fair value for Landore if he has a big following.

[glennrcharles] 30/6/2020 08:25

Well they are drilling again. And asking for money again and diluting again. And yet the shares are being bought. Interesting.