Landore Resources Share Discussion Threads

[washingmachine] 18/9/2024 17:23

Something got to give ..
Yes the actual Soil
20 years and still not digging it up !

[arlington chetwynd talbott] 18/9/2024 17:15

"£10 million market cap, possibly a £billion in the ground, something got to give, eventually."Heard it all before and it rarely pans out. Happy with my 3.37p micro punt though.

[sportbilly1976] 18/9/2024 15:53

Rayte,

Re 'drilling' timeline - the rns earlier this week mentioned;

" Targeted channel sampling is planned to commence in Q4 2024, focusing on known outcrops along strike to the east of the currently identified BAM deposit."

Commentators more knowledgeable than me have remarked that this is one aspect of the announced planned activities which should have a positive effect...essentially these being the equivalent of full on drilling except for the fact they are in 2D rather than 3D...the results of which should help point to optimised targets. Also, technically Q4 begins in under a fortnight

Clearly Alex has decided to target his initial drill programme by going through the extensive exercise of optimising those targets - one assumes to see the best results without burning through Landore's cash reserves

Obviously people are open to raise such questions next week too.

[chutes01] 18/9/2024 14:05

Just a bunch of daft PI halfwits tinkering at the moment
The fee shares appear cleared now
I’m awaiting further corporate buying to firm this up ahead of activity on the ground
As always, don’t rule out an offer from our largest holding as they make an attempt to bring this to an abrupt conclusion

[bri15] 18/9/2024 13:53

This could 10 bag and still be cheap.

[bri15] 18/9/2024 13:47

£10 million market cap, possibly a £ billion in the ground, something got to give, eventually.

[toolsmoker] 18/9/2024 13:46

Me too .I'd expect a positive interview Monday with more clarity .hopefully a push back above 4p

[bri15] 18/9/2024 13:38

Well I have had two top ups today,it seems as though I may have timed it right as rising now.

[chutes01] 18/9/2024 11:21

Buyers back
Pitfalls of offering shares in exchange for fees and giving guidance on July drill
See what he says Monday
Still looking at opportunistic offer

[sportbilly1976] 18/9/2024 09:55

100k at 3.046, a few more at 3.05 but for anything 150k+ it is 3.18 (which is what the MM who took the 1 mln yesterday is looking to flip them for)

[rayte] 18/9/2024 09:17

The thing is SB - you need buyers to mop up the sells and that's one thing in Ng we are lacking right now and I don't see it changing any time soon sadly

Unless they can give definitive timeline Monday

[neo26] 18/9/2024 08:14

"3,500m drilling campaign", how many holes will this drill? 10?

[sportbilly1976] 17/9/2024 17:12

1mln sell at 3p the driver for this afternoon's drop

Hopefully that is Novum out bar some fumes

[masergt1] 17/9/2024 16:49

re 'detailed review'? It's understandable. New brooms sweep clean and will want to check old data against their own standards whilst adding new infill data. Successful professionals in charge now hence having attracted Rule and Sprott. A bit of a set back timescale wise but, imo, a better COS.

[rayte] 17/9/2024 16:40

There is one thing for sure. As this is going down - gold is continuing it's meteroric rise updates!

Any snippet of drilling will bring interest. Let's hope Monday gives some insight.

John is being awfully quiet of late 🤫

[jmr_gold] 17/9/2024 16:32

The RNS was not lackluster, it was exactly what is needed. Would you rather them point and drill randomly or precision drill to increase the grade of the resource of a potentially small amount of drilling - i reckon that is what they are going for eventually. Bottom line is they are fully funded here, currently undervalued by any metric comparison to peers. It appears they now have someone technically competent in charge, they are fully funded, backed by Rule and Sprott, news cycle is about to kick off (I am sure there will be plenty of questions on drilling start date in the investor meet). The only thing that is lacking is the marketing and whether the new team "get" AIM (if anyone actually does), we do for a fact a new website is on the way , so this is a good start. If the seller is Novuum, they cant have that much left!

[rayte] 17/9/2024 16:30

Let's hope you know some good news we don't!

Timed my buy wrong sadly.

Thanks for reply

[john henry] 17/9/2024 16:21

Rayte still here looking forward to the investor met

[rayte] 17/9/2024 16:17

Exactly. Most were expecting a drill program to be released

Looks like John Henry might have moved on too. Poster on Lse saying he was talking the price up to offload. One wonders if that to be true now.

Either way, back to the 2's and I timed it totally wrong. I can park the cash but after the RNS - it's hasn't filled me with great expectations

[ccr1958] 17/9/2024 16:01

It’s all about the seller and the RNS was lacklustre, we need new news next week I hope it is a good top price but have my doubts,nothing will happen straight away ,waiting room again.

[neo26] 17/9/2024 15:28

That rns was poor, lnd had plenty of targets to drill from Bill era they know where the gold is.Looks like they may drill near christmas..Not good enough..

[rayte] 17/9/2024 15:26

Looks to me like lots of small pi trades who are moving on after a poor RNS gave little insight. There might also be some bad news to come as drops like this are never a good sign

Let's see what Monday brings

[sportbilly1976] 17/9/2024 15:22

basically this afternoon has been a crude attempt by the MM to offload the tail of the order at whatever price they can get it away at.

Zero read across today to the Company near- and long term prospects and their resource

Ideal top up opportunity though

[sportbilly1976] 17/9/2024 15:09

No financing requirement - they still have what they raised last time....just to quash that right now

Large sell, yes - been around for a while and working through (see my previous post)