Landore Resources Share Discussion Threads

[justino] 17/7/2020 11:24

I agree with eblitz1

[eblitz1] 17/7/2020 11:23

EDG232
It seems to me that someone is taking a stake at an agreed price but I could be totally wrong

[edg232] 17/7/2020 10:38

Can anyone tell me what happened with the huge dip this morning. Tree shake by MMs?Some news?

[idle jack] 15/7/2020 20:08

Ah apologies....I didn't realise I'd posted recently in white font on a white background.

[imperial3] 15/7/2020 20:00

You have given no reason.

[idle jack] 15/7/2020 17:21

I've said why....whats yr thoughts?

[idle jack] 15/7/2020 12:52

It's gonna pop.....:-)

[idle jack] 14/7/2020 22:59

I said 'gonna pop' . Bit excitable......but that's what I can see it doing.

[idle jack] 14/7/2020 22:58

As far as I'm aware the size of their investment is not yet known.
I think a lot of the trades were buys. A friend bought a decent amount at 1.1p printed as a sell.
Lot of buy trades after 3pm....is this to do with a late buyer or a non UK buyer who knows.
I've no idea of future prices but I'd be disappointed with less than 5 to 6p at this moment.
But if we prove up say another 300k to 400k ounces, increasing the resource by 30 to 40% combined with a gold price increase in the region of 500$ since the start of BAM then surely that would effect the final price. In a good way.

[chutes01] 14/7/2020 22:27

chart looks better now for major break out, this will be over 3p soon enough.

[edg232] 14/7/2020 21:45

LJ Thank you for this revised calculation. Very interested to know what you make of the bottom line and how much is a share worth? Like you, I believe that an eminent investor would not have bothered with such a large amount of investment.Also, why the selling today in your opinion? Hardly a pop. Thx

[idle jack] 14/7/2020 17:59

...and we've attracted an EGI....never had that before in here. Trades last few weeks have eclipsed the last few years....interest is building and gold price increasing. That's why I think it's going to pop. Apologies if totally wrong or barking up the wrong tree. Just my opinion.

[idle jack] 14/7/2020 17:57

https://www.google.co.uk/amp/s/seekingalpha.com/amp/article/4293898-gold-juniors-index-how-barkerville-buy-out-stacks-up-against-prior-takeovers

[idle jack] 14/7/2020 17:56

While waiting for lift off I note the following posted by Chriss recently....Basically article written 2019 and quotes average buy out price of gold in the ground is 62 bucks over last 4 years....(based on how many buyouts I don't know). So...gold was 1100 ish an ounce in 2015 and 1500 and ounce in 2019 when article written. This gives an average of say 1350 an ounce and the average buyout was 62 an ounce in the ground. We are now at 1800 an ounce and tipped to go higher. So at 1800 that's 450 an ounce higher. Bear with me...450 to 500 an ounce higher.....pure profit.....that has got to effect the 62 ounce in the ground price. The resource in the ground price ...MUST....be higher by a percentage of the 450 to 500 an ounce increase. Say it's 100...that would potentially make the ounce in the ground now at the 150 mark.....and rising!To me this is huge....the resource is increasing exponentially ...the in the ground price.

[robers98] 14/7/2020 16:21

The Company is aware of the following holdings of more than 3% of the share capital of the Company as at 21 January 2020:
Shareholder name Percentage of issued share capital
J. W. Hudleston
Cannacord Genuity Group Inc
Arconas International Ltd
W. Humphries
G. Featherby
Lynchwood Nominees
Winterflood Client Nominees
20.45%
14.22%
8.33%
7.68%
3.67%
3.41%
3.22%

See how it changes in the coming days.

[idle jack] 14/7/2020 16:11

Gonna pop.....

[idle jack] 14/7/2020 15:55

Shares now showing. Standby for TR1's!

[robers98] 13/7/2020 12:36

So that's the meeting done. Now for a TR1.

[idle jack] 13/7/2020 10:05

https://twitter.com/keya5000/status/1282591159773274113?s=19

[idle jack] 13/7/2020 09:16

EGM at 11....not expecting anything but I guess you never know.

[edg232] 12/7/2020 22:50

Thank you IJ. Good luck, as gold continues to strengthen amidst worldwide tension/inflation and with the Em Inv identity shining through. Hope this gives LND more exposure.

[edg232] 12/7/2020 22:42

Charteris bullish on gold https://charteris.co.uk/gold-precious-metals-fund-update/

[idle jack] 12/7/2020 22:05

Just a few murmurings....which have never been present previously. https://twitter.com/TheMoneySponge/status/1280052283921895425?s=19https://twitter.com/LamboJohnny/status/1282177490690211840?s=19https://twitter.com/keya5000/status/1282367887903272967?s=19https://twitter.com/Shan90aim/status/1280248757515403266?s=19