Landore Resources Share Discussion Threads

[keya5000] 18/1/2021 18:37

Mallorca 9. Usual attempt from this bellend to gain a cheaper entry.

Short it and we will see what happens.

[idle jack] 18/1/2021 18:17

Damn typo. Country*

[stan-the-man] 18/1/2021 18:04

Mallorca, Mallorca, Mallorca. No it won't and you know full well it won't. Take your nonsense elsewhere. We all know what you're doing...

[mallorca 9] 18/1/2021 17:56

I have to say that this looks a great short opportunity to me.

How on earth can anyone value this at £31m (current market cap) with no income and only sufficient funds to last to June this year.

Being held up on hype only - get out quick while you can , it will soon be below 20p.

[edg232] 18/1/2021 17:47

Does anyone know the significance of the late evening price monitoring extension at the LSE. Is it the significant volume or perhaps demand, or my wishful thinking?

[bygdennis] 18/1/2021 14:29

Well lombiff!! we'll see!! you say you hold @ 1.20 Well many here think we could reach at least half that with what's in the pot and more!! Come April!! you could be just as happy as anyone with what's turning up at Junior Lake Etc

[lombiff] 18/1/2021 13:46

OK bygdennis - I haven't been called a "lad" for 50 years but thanks for that.

Hope you're right on LND - I'll be sitting at the back and will keep my views to myself

[bygdennis] 18/1/2021 13:40

Could break 40p by Friday!! Let's see if we get further reaction from across the water later on!!

[bygdennis] 18/1/2021 13:38

Yep Lombiff, As you say but you don't need to languish in the past,
This BB as changed and we're all on the ball helping each other with links, News Etc, If you would like to remain neither here nor there that's fine but happy days are coming at last so at least let those interested get on with it!! there's a good lad

[lombiff] 18/1/2021 13:14

Hi bygdennis - there's no sob story here, just hard-bitten realism from 12 years of holding.

I started buying LND, PGD and GGP at about the same time (2008/9) and kept buying all the way to the gold price drop in 2012/2013 - sold my PGD in 2018 but kept the LND and GGP (big numbers of both). Have obviously had a great run with GGP and, for LND to do similarly well, we need a JV partner to get the resource properly drilled and exploited - the company said as much in the placing RNS last June, saying that the funds would be used to find "a strategic investor or alternative corporate transaction".

I hope you're right that we're getting noticed but, sorry, I can't bring myself to be overly bullish here and I certainly don't need to "get with the program". With so much invested here, I won't be buying more, but I won't be selling either until there's more news on the "alternative corporate transaction".

All the best to patient longs . . .

[bygdennis] 18/1/2021 12:28

Hey lombiff!! We've all gone past the sob stories and looking forward now!! Have another go a researching if you're stale, You sound well ripe from here!!
Get with the program mate!!
Plenty of time for updates to put us all in the picture!!
We're on the way and getting noticed!

[gimmetheloot] 18/1/2021 11:38

This is the one for me

[lombiff] 18/1/2021 10:45

Morning all . . . looking sprightly here!

After originally saying (in 2012) that I would hang around until 2014 (!?!) for Singida to come on stream, I'm still hanging in here - with today's action so far, I only need another 250% rise to get back above water!

So, I'm a stale bull and would like to get my money back - having sat on these for 12 years, I'm not going anywhere, but I'm just not sure we'll get to £1.20 (my breakeven) unless we get a JV partner to help . . . can anyone convince me otherwise?

All the best to patient longs . . .

[keya5000] 18/1/2021 10:37

Fair value is 67p and target £2.19 for this drilling. No spike here you fuctwit.

[chutes01] 18/1/2021 10:26

Just the start
Massive gold find
Market cap only £35 Mio

[justtrying1] 18/1/2021 10:24

Dnt be spiked

[edg232] 18/1/2021 10:11

Breakout !

[bygdennis] 18/1/2021 08:30

Giant! Waking up!!

[justino] 18/1/2021 08:10

JRC123 - I would value the Nickel a different way.

Assume profit of $5000/tonne x 100,000 tonnes = $500m dollars. Value in ground a very conservative 10% of profit = $50m or £37m, which is approx 40p/share, more than the current LND shareprice.

[sportbilly1976] 18/1/2021 07:53

https://twitter.com/keya5000/status/1350822629264019457?s=21#LND nice Cenkos Note 'Gold Everywhere' £2.19 price target. Current Value pre this campaign 67p. Current share price 31p

[edg232] 17/1/2021 20:29

Completely agree. 1.75 p now...compared to more than 10-20p of old and so much more going for it now. I'm sure the market will wake up and I am certainly a hanger on.

[chutes01] 17/1/2021 19:47

With the Ni, Iron and gold resources, it shows the market has not woken up to this yet, 1.5p in old money, just too cheap and remains a great opp to grab a slice of the action.

[lochlea] 17/1/2021 19:19

JRC123

There's still a website for Lamaune, although looks a tad dormant. The Iron Ore deposit had a 300-500 million tonne target. There is a 29 page presentation from 2012 on the site.

My Lamaune Iron Inc DRS has changed colour over the many years. I had hoped one day it might have some value. But with the debt deal done with LND guess any potential future value will be incorporated into any LND holding.

hxxps://www.lamauneiron.com/wp-content/themes/lamaune/pdf/pres.pdf