Landore Resources Share Discussion Threads

[gsg] 14/10/2021 16:20

L2 really lighting up. 3 v 1

[gsg] 14/10/2021 16:09

Cenkos currently alone pushing on the bid. L2 1 v 2

[gsg] 14/10/2021 15:45

Zak Mir mentions immediate technicals on Landore

[neo26] 14/10/2021 14:58

Breakout!!

[mcrudden] 14/10/2021 14:37

Ha ha indeed lol

[sportbilly1976] 14/10/2021 14:21

Stig,

you'd be best popping back to DDDD and your £10 a share prophesy there fella.

[stark industries] 14/10/2021 13:38

Sellers are definatley out of Ammo imoLate afternoon will paint a story for tomorrow and going onwards.

[gsg] 14/10/2021 13:37

Don't know whether anyone noticed another delayed trade from yesterday of 1.5m shares slipped through earlier.

[chutes01] 14/10/2021 13:15

Well, Huddlestone is now out
It always looked like more than 10 million shares had been flipped over last few months
So the fund must be on fumes I reckon, then this will go higher, MRE will take it nearer to proper valuation.
GLA

[stark industries] 14/10/2021 11:32

Have a read of this article below This is what could happen here. A full takeover and buy out of the company it was spoken about in the latest Landore videos.The link below is about Mariana resources that company is now history it got took out for £167m plus extras.That asset was in Turkey which isn't the best jurisdiction to do business in and suffered a discount because of it. Also they only had a 30% share of the hot maden project and not a lot else in its basket.Landore is in a much better jurisdiction, it has much more Gold soon to be proved up, battery metals and a proven team behind it plus many other assets in its basket.Worth a read below. https://www.proactiveinvestors.co.uk/companies/news/176898/mariana-resources-agrees-to-be-taken-over-in-a-deal-that-values-gold-digger-at-167mln-shares-surge-47-176898.html

[jungmana] 14/10/2021 11:03

No worries mate. Now nearing 400k holding here and looking for multiples of todays price

[stark industries] 14/10/2021 10:59

Hope you don't mind Jungnama:)LND has been given a valuation of 64p share price based on the gold resources alone which is about to be updated. The nickel would command a similar valuation and then add the other battery metals you could see a fair valuation today close to 200p imo.This is insanely cheap at 23p today due to the 2 sellers over the last 4 months. Now that they are almost out and we are due updated RE , PEA and resumption of exploration , I won't be surprised to see 70p+ here in the short term ( before Xmas).Good luck all, added more today.

[jungmana] 14/10/2021 09:47

What I would like to see is another 6+ million volume today.I think this will be well over 40p in a couple of weeks

[neo26] 14/10/2021 09:42

SportsbillyThey will be back.

[tizzer] 14/10/2021 09:39

Oh dear.....inevitable that we were going to attract pond life!!

[sportbilly1976] 14/10/2021 09:31

10% flippers - jeez!

[stark industries] 14/10/2021 08:37

Timing can never be of perfection but this seems it ...This has a lot of ground to make up for and even for a penny or 2 sake you will make money on the rise here.Compare to GGG Mcap here should be a lot higher than where we are right now.Thank the sellers for a great buy in price GL

[sportbilly1976] 14/10/2021 08:34

Marlborough (we believe) sold down their junior fund holding over the summer.

The Company are pushing them to issue a TR-1 to clarify current position.

Huddleston started selling at circa 28/30p...so all things being equal that is at least where we should be now.

Fair value though for the resource (excluding any MRE uplift) is multiples from here so it is a huge buy and hold...not trade for 15-25% (although I'm sure many will)

[stark industries] 14/10/2021 08:30

Fantastic opportunity to buy in.Even if there was a seller...they seem almost done

[knigel] 14/10/2021 08:26

Who’s the next seller? (I doubt there is one)

[jungmana] 14/10/2021 08:02

That q and a I posted is 7 weeks old but worth a good listen. This is a company that is worth ten times todays market valuation imo