Landore Resources Share Discussion Threads

[cyrilsneer1] 23/9/2024 11:46

Yes can't see it dropping to that level.New CEO reckons.Grade improvement 5moz possibleTargeted drillingGlen mentionsTSX listing October ishSale or JV of our other assetsCost cutting.All in all I was very impressed, a bit short sighted and chasing rainbows if you sold on that news.

[toolsmoker] 23/9/2024 11:43

Good luck bri .your gonna need it here to get that price

[john henry] 23/9/2024 11:33

All positive going forward if your in for the long term ( Higher grades an absolute must have to move BAM forward)

Unlikely to be drilling this year sometime in Q1 2025

Possible TSX listing Q4

Aimho

[bri15] 23/9/2024 11:22

Only have holdings in Gex,Czn and Msmn now, market too risky for more,GL all.

[bri15] 23/9/2024 11:21

All in MSMN.

[bri15] 23/9/2024 11:20

Well I sold out, hopefully buy back closer to 2.00 as nothing going on here for a while and nature of market this will drift.

[rayte] 23/9/2024 11:08

Anytime scales on this?
Is drilling this year still achievable?
Bottom draw for a while?

[sportbilly1976] 23/9/2024 10:55

..and subsequent to their current analysis of the structure and lithology they can highlight high value areas to target drilling activity which will do this, in addition to both increasing the confidence in the resource and move current resource from indicated to measured

[frogkid] 23/9/2024 10:51

The point Alex was making is they need higher grades

[rayte] 23/9/2024 10:44

You don't sound impressed John?! What are your feelings re today? Your input is much appreciated, as could not make it.
Best
Rayt

[frogkid] 23/9/2024 10:18

Most encouraging, professional presentation. I will be adding.

[john henry] 23/9/2024 10:13

Quebec doesnt need another 1.5M oz 1g/T project, grades needs to move to 3/4g which will make a significant difference.

[sportbilly1976] 23/9/2024 10:03

Very competent presentation - very aware of shareholders interests & reiterated that he feels fair values is many multiples of where it is today.

Fully aware to preserve cash and hence infill analysis via channel sample, was very clear he wasn't going to drill randomly to hope to increase ounces for the sake of it at huge cost with limited funds

Alex definitely feels the BAM resource is likely to extend further out eastwards and also to increase both confidence on mineralisation and move resource from indicated to measured. His level of detailed knowledge as he spoke was very good indeed for someone only with Landore a few months...definitely looks as though he has seen elements from the existing cores which he wants to follow up on...

Even in current state he feels it is a significant resource, but 1.5-2Moz at 2/3g/tonne makes a significant difference in interest - and he is clear that he believes this is perfectly achievable

October looks set to be very interesting - positive news coming on TSX

More Q&A and research / broker notes to be coming imminently

Surplus assets currently under review re spin out / JV

[lew stules] 23/9/2024 09:58

Positive presentation with the company as I understand it looking to list on the Toronto exchange end of Oct/ November.
Major investors on board with Sprott increasing stake recently and Rule taking 10%. When sentiment changes towards the junior gold miners/explorers this could be a huge opportunity IMHO.

[jmr_gold] 23/9/2024 09:55

very competent presentation - did i hear he state that he things he can get BAM to 3/4 grams per tonne!

[john henry] 23/9/2024 09:52

decent presentation Poor grades appears the underlying issue. technical revenue ongoing to identify high grade deposits

[bri15] 23/9/2024 09:42

Well the livestream is on now, might see some more buying if it turns out a positive from the Bod.

[rayte] 23/9/2024 08:51

Positions before live stream maybe

But let's hope the bottom has been reached and it's a steady climb back up

[bri15] 23/9/2024 08:51

This has got to rise,eventually,Gold is bonkers price and still rising,but we can't move,yet.

[sportbilly1976] 23/9/2024 08:44

just over 1 million buys so far...max 250k now sub 3.3p

[bri15] 23/9/2024 08:41

Some nice buying this morning,few more and we might start to tick up.

[rayte] 23/9/2024 06:54

Hi SB

I'm locked in meetings all morning, so no won't be joining. Sadly, I have to work. Work - the destroyer of fun ; )

I'll pick it up later but I'm hoping it's going to be the start of steady communications.

It would also be great if someone can highlight past management's poor communications and ask if they plan to change that with regular updates.

Best
RayT

[rayte] 23/9/2024 06:08

Gold continuing it's rise.

The old adage only wins out with competent management.Jury is still out on that one. I'd like to see more communication going forward as it's been rather light (again).

Let's see what is illuminated in today's Q&A

[chutes01] 20/9/2024 16:11

The old adage that at some point value will out
We shall see
Looks like there is an appetite to develop BAM esp after enlarging the resource
The higher gold price helps too
Next week may be illuminating