Landore Resources Share Discussion Threads

[idle jack] 14/9/2021 17:30

Cheers for that Richy. Probably the biggest gripe is lack of comment on rns and a very poor website .

[richyf3] 14/9/2021 16:57

Spoken with the company regarding PR and some investors being unhappy with them, they are currently working on a plan of action to start promoting the company . Hopefully soon this will start and they believe and know the share price doesn't not reflect the asset value .

[richyf3] 14/9/2021 10:23

Added some more today

[richyf3] 14/9/2021 10:01

Nice 50k buy in :-)

[richyf3] 13/9/2021 18:39

It will move , planning on adding more tomorrow.

[chutes01] 13/9/2021 17:40

unlikely at this level, however a huge overhang remains to be dealt with
MRE around Nov ?

[the skipper] 13/9/2021 16:50

OMG! A blue finish.

Let us pray that the seller has now finished his business.

[john henry] 13/9/2021 13:06

Volume needed to clear an obvious overhang. I'll keep adding at these prices another 40k so far today

[richyf3] 13/9/2021 11:43

Looking better just need some more volume imho .

[the skipper] 12/9/2021 13:19

Couldn’t agree more. For example why haven’t they bothered to get in on this event?


Maybe someone should drop Bill a line about it.

[jmr_gold] 10/9/2021 12:58

Its the lack of promotion from the company causing the selling. People are fed up. No comment from the board in 8 weeks, when we were promised a marketing campaign. During this time periods we have had complete ion of drilling campaign, confirmation of new drilling in Felix and the MRE. Each one of those points alone needs some PR in the form of interviews. This is what shareholders have been asking for. They said they would do it, but they havnt. People then sell because without PR, we continue to drop until the MRE build up, which is now coming in Q4.

[richyf3] 10/9/2021 12:31

Added today only a matter of time before the reversal kicks in .

[dragon35] 10/9/2021 12:02

House broker really letting this company down. They are letting a low volume persistent seller knock this into oversold territory on the rsi indicator. If I was paying their broker $30k pa or more then I would ask for a refund right now!!

[the skipper] 09/9/2021 21:32

Not me, but I see Cenkos have put out a new research note today which I am unable to copy but you can access by signing up to the Research Tree Platform using the FREE MONTH discount code. It provides a current valuation of 64p per share and a buy recommendation.

For those who have been speculating about Huddleston and Sprott selling down it indicates that the former has a holding of 9.6% of the stock and the latter 8.3%

Hopefully we might see some positive momentum building here once clients have digested it.

[richyf3] 09/9/2021 18:15

May I ask if anyone have had a conversation with management??

[lochlea] 09/9/2021 16:24

jmr_gold - you are right, they don't give a toss about the share price performance. I've been saying that for more years than I care to recall.
They are only interested in the end game imho. Fair enough, as long as they bring home the bacon.
In the meantime the share price in the main drifts consistently south - as it has for past 10 years.

[chutes01] 09/9/2021 15:15

yip, millions or billions, the old boy is too confused.
should he be replaced, Landores Ratner moment.
MM's taking a beating at 24p

[idle jack] 09/9/2021 15:15

Come on Chutes you been here long enough. You know that's bolox.

[jmr_gold] 09/9/2021 15:13

Ridiculous - The MRE will not be known by large investors. All the results will have to collated and then complex modelling, which by the sounds of it has yet to commence. It is not just the case you put this into some fancy computer software and a number comes out the other end. By all accounts the grades and drill results have been fantastic. Its the lack of PR and ignorance towards shareholders that is the issue.

[stan-the-man] 09/9/2021 15:12

The MRE hasn't even been started yet as there are still drilling results outstanding. Looks like a distressed seller albeit a significant one.

[chutes01] 09/9/2021 15:05

the mre will be known to large investors, looks like figure going to downside, some bombs being dropped here now

[jmr_gold] 09/9/2021 14:59

Its PI's selling have a look on twitter, telegram or LSE. Shareholder sentiment is as low as it has ever been. People frustrated with the lack of promotion and bland RNS's, despite being promised at the investor Q&A of a PR campaign. If you say you are going to do something and then don't do it, the share price gets hammered. I have come to the conclusion that they just dont give a dam about the SP

[chutes01] 09/9/2021 12:59

sells of 65k/75k/68k
any buying continues to be jumped on here,
sprott may have had enough
if MRE isn't up to spec, another fundraise and months of further drilling
Someone wants out in a hurry

[chutes01] 09/9/2021 11:39

Seller still throwing off large batches

[the skipper] 09/9/2021 10:20

“ The Drilling Programme, on the BAM Gold Deposit and immediate exploration to the east and west, concluded on the 1(st) August with the completion of drill-hole 0421-818 on the West pit extension. Sample preparation has been completed with assay results now expected to be received by late-September after which the data will be collated and forwarded to the Engineers for the Resource Update.

Planning:

Drilling will re-commence in mid-October at the highly prospective Felix area along strike and to the west of the BAM Gold Deposit.

Landore has engaged Cube Consulting of Perth Western Australia to complete a Mineral Resource Estimate ("MRE") and Preliminary Economic Assessment ("PEA") update on the BAM Gold Deposit now scheduled for completion in Q4 2021.”

What that is telling me is that there is an enormous amount of drilling data to be fed into the resource estimate and it’s going to be a monster. Happy to wait for that with share price starting to build throughout October.