Landore Resources Share Discussion Threads

[divmad] 26/10/2021 13:54

I never thought the extra 6 holes would be in the end of November updated MRE.

[neo26] 26/10/2021 13:14

Gonna drill 6 more holes- how long?Then get assay results- says fast track- how long.Cannot be done by end of nov.This is why many have bailed, Bill needs to be honest.

[jmr_gold] 26/10/2021 11:02

They were targeting 1. 3 million at the onset of the campaign. But they then extended the original drilling campaign in feb with the placement. So I expect higher than 1.3, but less than 2, but as Bill said, we need to show a perceived 2 Moz, not as a resource. I think we be bale to show this with the step outs that are not included in the resource.

[royalalbert] 26/10/2021 10:15

Frogkid fair point.

[yorkie52] 26/10/2021 10:14

They were targetting 1.3m at the start of the drill campaign. This has probably been exceeded with better than expected drilling results but realistically anything around 1.6m would be good. The potential for 2m is there but I doubt whether that figure can be quantified yet. Let's wait for the figures. Anytime soon??

[frogkid] 26/10/2021 08:39

I'd be very happy with 1.6

[jungmana] 26/10/2021 07:53

My own target is 1.6 million ounces. That would be brilliant

[frogkid] 26/10/2021 07:13

ALbert,I think Old Bill indicated that it would not be 2m ozs. Dont get over excited now!

[jmr_gold] 25/10/2021 21:24

Given the volume of the past 2 weeks or so and the Huddleston has dropped several million shares, I think it is almost certain some of that will have gone to some form of bigish money/fund. Retail have clearly bought a big chunk, but very unlikely to have swallowed it all up. The 1 million today could have been Huddleston finally finishing (his TR-1 said under 3% meaning anywhere from 0-2.99%)

[royalalbert] 25/10/2021 21:00

If a fund was buying once Huddlestone is out anything could happen. The new MRE is what is required, with the work done recently would expect it to be close to 2m oz. Looks like there has been some excellent hole interesections.

How much a major would pay?

As for the other metals especially the battery ones it's open for interpretation.

[the skipper] 25/10/2021 19:58

Yes just checked the rest of his posting history and it's mostly about ramping LND so should be treated accordingly until we receive a TR1 or it becomes obvious through price discovery. Would not be too surprised to see a fund building a position here on the back of recent share price weakness and Huddlestone making it easy for them though.

[frogkid] 25/10/2021 19:18

I remember Doc. Not sure its the same geezer

[the skipper] 25/10/2021 18:45

Here you go Albert: hTTpss://mobile.twitter.com/search?q=%23lnd&src=typed_query

If it’s the person who used to post as Doc Holiday he is normally pretty honest, but could well be an imposter.

[royalalbert] 25/10/2021 18:20

Any link to this rumour Skipper, is the person reliable?

[the skipper] 25/10/2021 17:22

Well done frog. It's now four hours into trading on the NY market and no smackdown today, which is very promising for a big breakout in gold, which has now broken through two former resistance points in the past week. The perfect storm is brewing for the MRE to be released next month and there's a rumour of a fund buying LND on Twitter.

[frogkid] 25/10/2021 15:42

Added a few more today.

[the skipper] 25/10/2021 14:57

Gold holding well above previous resistance levels and moving to the upside again:

Lets see if the Feds manage to smack if down again this afternoon. If not there should be a wall of money moving into stocks like this.

[chutes01] 25/10/2021 14:00

Another large vol day, at some point very soon the sellers will dry up, and this will reconcile to fair value - ahead of MRE issuance which will assist in consolidating.

[neo26] 25/10/2021 10:37

So still a seller?

[sportbilly1976] 25/10/2021 09:05

well there's a further 1mln reported at 20p

[divmad] 23/10/2021 12:43

Yes I'm banking on that scenario, as I was accumulating yesterday at 22.5p.

[jungmana] 23/10/2021 12:20

The drop was caused by the traders who were disappointed that MRE was not released this week. Too many quick profit merchants on the market these days.A rise back to 40p+ by late November will do and then hopefully a lot further after the big news

[royalalbert] 23/10/2021 12:17

Divmad with the past weeks volume you would expect him to have very little left.

[divmad] 23/10/2021 12:07

He could still have anywhere up to 3mn left to sell. No one except he and his broker would know.