Landore Resources Share Discussion Threads

[bygdennis] 20/4/2021 15:18

We have more than gold, we have bonanza Gold! We're rich!! and we've got more cash money too!! Royalties coming in! Couldn't be better!!

[richgit] 20/4/2021 15:13

canigou2


Sentiment towards Gold and Gold stocks is still unbelieveably negative,which gives
you an idea of How cheaply you can buy this stock and tuck it away.


When sentiment truly returns it will arguably be only "long gone" after several Years in the Future.


Thus if Positives continue for this -potentally most undervalued Gold stock listed in London- then People may be asking in a couple of years " How was it ever so incredibly undervalued !?"


These are the times of the makings of real Multi-Baggers

[canigou2] 20/4/2021 14:40

Landore have struck gold!!!

Definition of bonanza in mining:
an exceptionally large and rich mineral deposit (as of an ore, precious metal, or petroleum)

I long for the good old days when this sort of news would have started a frenzy. Boom! (but alas they are long gone)

[tizzer] 20/4/2021 14:25

Always a bullish signal when you attract the amebas ;-)

[jev1] 20/4/2021 14:22

Mark, you posted previously that aside from the Gold, the Nickel value alone was:

_____

"The other day it went to $28000 a ton we have resource of some 83000 tons and that resource remains open just like the dear old gold."

_____


Works out at $ 2.3 Billion.

[justino] 20/4/2021 14:12

Mark1000

As we are currently primarily a Gold play i was just looking at the Gold resource.

The Battery Metals (mainly Nickel) also have significant value but i guess Landore would rather sell the whole project or separate the Nickel resource depending on valuation.

[bygdennis] 20/4/2021 14:08

You shouldn't have sold stig!! Just takes a bit of time and hard work to get rewards!! The old timers here know all about it mate!!

[mark1000] 20/4/2021 14:00

Justino are you putting nil value on the battery metals?

[candlestick1] 20/4/2021 13:50

Nicely thought-out argument there. Keep it up.

[justino] 20/4/2021 13:28

A conservative valuation of $100 per oz in ground at expected 2m oz for a low grade low capex resource = $200m or £145m Sterling = 140p

Throw in a high grade shoot/s of additional resource and that valuation could double.

[shearluc] 20/4/2021 13:26

Open-Pittable Bonanza Grades....all the big boys will be having a look!

[keya5000] 20/4/2021 13:25

I would think the CEO's or VP Exploration at Agnico/Barrick/Yamana will be checking to see if Bills number is in their phone

[tizzer] 20/4/2021 13:25

That's a very good point Justino. I think 50m market cap is the magic number but I wouldn't be surprised if one or two haven't got LND on their radar after today....

[sportbilly1976] 20/4/2021 13:24

justino,

exactly - hence the share price shenanigans as MM's juggle to fill orders

[justino] 20/4/2021 13:21

Surely LND will now start to attract some serious institutional interest.

[sophisticatedtrader] 20/4/2021 13:19

Copied from #lnd twitter .... Keya5000...hope you don't mind me copying your tweet here.... it kind of puts everything into perspective 🤩🥳🎉💰:

keya5000

@keya5000

·

16m

#GGP £883m mcap #LND £40m 100% owned resource. BONANZA GRADES SIGNIFICANT TRANSFORMATIONAL. 400x higher than the average bulk resource at BAM

[richardp19] 20/4/2021 12:59

Nt to buy now but sell near 40p

[sophisticatedtrader] 20/4/2021 12:56

Totally agree Richardp19 and sportbilly1976 .... ONWARDS AND MOST CERTAINLY UPWARDS! 🥳🥳🥳🥳9321;🎉ԁ76;💰

[sportbilly1976] 20/4/2021 12:55

I imagine orders trying to be filled currently, hence the volatility and share price action


once filled, watch the leash come off

[richardp19] 20/4/2021 12:54

Just saw the rns....why is it not 100% up.. it's good because I bought in sub 40p can't believe my luck

[bygdennis] 20/4/2021 12:53

Hey lochlea!! It's just the start mate!! When you're happy that will do for me!! With you all the way!!

[lochlea] 20/4/2021 12:47

chrissh - that'll have to wait until 5p (old money) is reached.

Looking extremely positive though - get rid of the weak PI hands and the LTHs who have loyally held for 15+ years will be laughing all the way to be bank.

Buy out 10p+ ???

[keya5000] 20/4/2021 12:46

This must get closer to 50p today, best RNS I have ever seen.

Truly BONANZA