Landore Resources Share Discussion Threads

[john henry] 08/12/2023 15:01

Looks like any fundraising will now be done around 3-4p

[john henry] 08/12/2023 15:01

Looks like any fundraising will now be done around 3-4p

[bri15] 08/12/2023 14:56

Much more confident now after seeing that £44K rollover pop up.

[richgit] 08/12/2023 14:27

They have just Hit Gold,on another Fake Jobs report

So Many in the US now have 3 Jobs,whilst real lay offs will continue apace.

The Traders and corrupt Bank executives all want their Xmas Bonuses,so everything
is aimed at keeping Fake Markets .....up.

It will all face reality next year.

No wonder so Many Central Banks are lapping up every Tonne of Physical Gold !

[bri15] 08/12/2023 14:24

I'm convinced the £20K buy at 3.75 is a director, know later hopefully.

[richgit] 08/12/2023 14:11

I am just picking a 2020 estimate,and I would suggest that this alone,and all the rest that will be added with drilling,will potentiallsy be worth $Muli-Millions

My potential $Billions would be when someone gets this into production,though I still hope Landore will do a Brancote,albeit at Gold $3000 -maybe not


Most assuredly there will be many Gold producers that will want/need such additional Resources.





BAM GOLD DEPOSIT MINERAL RESOURCE ESTIMATE UPDATE
Released : 07/01/2020 07:00
RNS Number : 8998Y
Landore Resources Limited
07 January 2020
LANDORE RESOURCES LIMITED
(AIM Ticker: LND.L)
MINERAL RESOURCE ESTIMATE UPDATE
BAM GOLD DEPOSIT
JUNIOR LAKE PROPERTY
London, United Kingdom - 7 January 2020 - Landore Resources Limited (AIM:LND) ("Landore Resources" or "the
Company") is pleased to confirm that Cube Consulting Pty Ltd has now completed an updated, National Instrument 43-101 ("NI
43-101") compliant, Mineral Resource Estimate on the BAM Gold Project, Junior Lake Property, Ontario, Canada ("BAM Gold Deposit").
Highlights:

· The new Mineral Resource Estimate (MRE) modelling has increased the BAM Gold resource to: 31,083,000
tonnes (t) at 1.02 grams/tonne (g/t) for 1,015,000 ounces of gold including 21,930,000t at 1.06g/t for 747,000
ounces gold in the Indicated Category.

· The February 2019 Preliminary Economic Assessment (PEA) for the BAM Gold project provided a price sensitivity analysis of the 'Extended case' which, at a gold price of US$1,300, would produce a Post Tax, Net Present value (NPV) of US$123.71m.

At the current gold price of US$1,560 that Post tax NPV would be
elevated to US$227.37m.

"GOLD IS ABOVE $2000 AND GOING FAR HIGHER......!!!


· The BAM Gold Deposit now extends for 3,700 metres from 400E to 4100E and remains open down dip and along strike to the east and the west. In addition the recently completed Soil sampling program has identified
widespread gold mineralisation along strike to the west for a further 7 kilometres.
· The BAM Gold Deposit is located approximately mid-way along a highly prospective Archean greenstone
belt which traverses the Junior Lake Property from east to west for approximately 31 kilometres. The
favourable greenstone belt ranges from 0.5 to 1.5 kilometres wide and hosts multiple known gold occurrences including the Lamaune Gold Prospect.
Commenting on this report, Chief Executive Officer of Landore Resources.
Bill Humphries, said:
"Landore's exploration effort for 2019 concentrated on establishing the potential growth of the BAM Gold Project along strike towards the existing Lamaune Gold project through the highly successful Soil Sampling campaign together with
exploration drilling. Whilst the above infill drilling campaign continued to convert Inferred mineralisation into Indicated
resource ounces.
The directors believe that the continued growth of the BAM Gold Deposit together with the possible future development of new discoveries along this highly prospective 31 kilometre long Archean greenstone belt has further
enhanced the likelihood of the Junior Lake Property hosting a multi-million ounce gold deposit."

[farrugia] 08/12/2023 13:11

billions lol forget it.

you will be immensely lucky if this ever reaches 50 million.

which canadian miners do you reckon are good value rich?

[richgit] 08/12/2023 12:51

I actually consider this good news.

Why place ourselves in the Capitulative Hands of know nothings in Canada

I said a few Days back that I consider Canada the Graveyard,of Precious Metal
Cos whether Majors or Small Caps-even worse that Aim has been

I know because I have been buying some of the ludicrous Bargains over there.

Gold hit $2105 overnight recently and is merely waiting to join up with that,

The Wests` economies will collapse further next Year,Bust Banks being covered up,
and monstrous debt,along with the US Fed facing a crisis
.

Markets being held up with pure Manipulative Bull*hit.

If Landore can just await the next true Gold run,and use some promotion,we
will eventually witness Investors searching for "Gold anyting "


I will take my chances and Buy more Landore when it suits me.

Landore`s assets are real and potentially worth $Multi-Millions or even $Billions
when the Market and its suicidal Capitulative Precious Metal investors - wake up !!!

[bri15] 08/12/2023 12:11

3.75 £20K buy, only way this going is UP!

[zen12] 08/12/2023 12:02

Just want to know why MMs have dropped this severely like this..RNS does not warrant it. No immediate issues...it was trading some 9p before rights issue, so bashed it down to 6p...so by cancelling it surely this should have gone up or at least stayed there?

[bri15] 08/12/2023 12:01

Market cap £4.4 million, unbelievable, either they get funds or buyout at much higher share price

[zen12] 08/12/2023 12:00

It would be silly of BoD not to, gold stock open pit BAM...

[farrugia] 08/12/2023 11:58

Ridiculous this had a second crash today. The first crash was when the rights issue was announced! At this point Landore needs to find a partner to do further exploring and actually get its assets into production. Even if Landore retained just 20% it would be value at those levels. Let's see if the CEO buys some more.

[bri15] 08/12/2023 11:55

I guarantee there will be director buy RNS later,if not Monday AM.

[zen12] 08/12/2023 11:47

Well BoD should be topping up @ 60% discount to what they paid just weeks ago

[rental] 08/12/2023 11:42

director buy only 7 weeks ago for 3 perect of the company, none of it makes sense

[tomzimerman] 08/12/2023 11:40

Agree with you yes

[zen12] 08/12/2023 11:38

'Value' it's a gold stock...plenty of value. Just very poor BoD!

[tomzimerman] 08/12/2023 11:37

Apologies to holders here, terrible drop. Might be some value from here fingers crossed

[bri15] 08/12/2023 11:32

NT to buy any large amounts,up this is going 👍

[tomboyb] 08/12/2023 11:27

Took a few at these levels -

[farrugia] 08/12/2023 10:02

well i bought about 6k worth today after this crash. I consider the assets on the ground to be worth much more than the market cap. New CEO should buy a big chunk in the open market if he wants to give this a vote of confidence. He seems quite an experienced fellow looking at his resume hxxps://www.linkedin.com/in/claudelemasson/

I find it amazing that the stock price is at those levels with gold at over $2000 and the resource being in a 'safe' jurisidiction. Plus I believe some years ago I considered Landore to have a good zinc resource/grade? Someone correct me on that if i'm mistaken.

[jmr_gold] 08/12/2023 09:50

What an absolute cluster f*uck of the highest order. The thing is, I still really think the asset is decent. The numbers dont lie (unless they have been fiddled), I really struggle to understand. Has this just been horrific management of the highest order. Other companies are raising, what has Calude done wrong. As for cash, we are ok for hibernation, obviously not for drilling. £400k end of June + 600k 9p placing + £1 million Canadian for lithium sale + 700 k GT1 shares (reasonablely liquid) + 250 k cash due from Storm anytime now.