Lexington Gold Share Discussion Threads

[excellance] 01/3/2021 20:50

I agree. I've got both but ecr assay number one is due any day now, and if promises to be great.

Profit will cascade over to here to balance things up.

[lptuf93] 01/3/2021 20:27

I'm sure there's room for lots of explorers to be making hay in this market. I belieive this co could do bags from £10m. Still so quiet which is great. Herd have absolutely no idea - would leave to be getting closer to 6p before they cotton on and really drive it up. Obv, in the co's hands to tell the story...

[excellance] 01/3/2021 11:31

But I still think ECR is the one to be in for the next few weeks.

[seagreen] 01/3/2021 10:12

32camp well there is some news for you and they ain't drilling teeth....8@#) Hope you bought a few

[edgein] 01/3/2021 07:54

lp.

Yeah shouldn't take long to drill these 6 holes.

Regards,
Ed.

[lptuf93] 21/2/2021 15:48

Nice move this week. Will look to add if it moves back towards 3p. Unlikely as we should be drilling shortly + finaled VTEM survey analysis. Interested to see what that suggests is under Jennings...

[seagreen] 16/2/2021 17:32

Took a few more today for the bottom sock draw be nice to see Ed build it into a £100m company in a few years ....for now the dream lives on

[lptuf93] 10/2/2021 16:24

Took some at 3.03/3.04. Will look to add on weakness. Should be a good few months coming up.

[32campomar] 08/2/2021 23:42

Well you could buy these at 3.08p today, well below mid. That good Old AIM news vacuum at play again, who would have thought it!

[seagreen] 08/2/2021 16:01

It also tells me that there is some underlying reason for your original post, which you justify (with no apparent knowledge of the project or the current status of timelines) by an over generalised comment. Forgive me if one concludes that your unsubstantiated negative post has been made for some financial gain on your part, which of course is potentially against FCA regulations.

So in the absence of any logic i shall ignore.

[32campomar] 05/2/2021 14:19

I have no beef at all. I was pointing out that in a news vacuum shares often drift. To say otherwise is the height of denial and not worthy of further comment. It is not a negative about the company, it's a fact. Investment timing is everything, as your '25 years of experience' should tell you.

[seagreen] 05/2/2021 13:04

excellance there has been some minor success between 1934 and 1960. You are absolutely correct re new technolodgy. Likewis gold prices in 1960 were $36.5 per oz. So they have increased by some 5,000%.

Not sure or care what 32camphor's beef is maybe a bad experience with one of Ed's previous ventures, but i am pretty sure/think anything that Ed has been involved in only went wrong due to dodgy local govt.

[32campomar] 04/2/2021 15:18

What a pathetic remark.

[excellance] 04/2/2021 01:41

That's the news we've been waiting for.
I've put a piece in the header.
Ok historical grades don't look much, but look at the choice of drill size.
Looks like they are looking for nuggety ore, and 50m deep!
If they find "nuggets" then those historic grades could well be wrong.

Folk have already tried and failed on this site for a hundred years, but with new technology and higher prices maybe they can get it right this time?

[seagreen] 04/2/2021 01:01

Well you clearly have no investor experience making a juvinile gross over generalisation like that.......utterly pathetic or a poor attempt at deramping to pick up cheap stock....With Covid no one has a clue about time tables for sure. I have at least 25 years of AIM investing experience and I am not advising anyone to do anything or have a clue when anything will happen. i like the project, the management and respect the people invested that is all.

Depressing the idiots on ADVFN these days ,,,,,go back to your teddy bear and hot choclate in your cot

[32campomar] 02/2/2021 20:40

Yes it does look promising. But AIM shares like this almost always drift southwards with no news. Doesn't matter how good the potential is. Anyone with any investor experience would acknowledge that.

[seagreen] 02/2/2021 16:59

What exactly do you know about this project....the square root of didely squot per chance ....?

Althgough of course it is very early stage drilling of old gold properties all be it right in the middle of the gold belt and gold producing mines....in an area of no geo political risk.....but the market cap of £8m reflects that.

Why not look up Ed Nealon's past performance eg Aquarius Platinum etc

[32campomar] 02/2/2021 07:21

Not even started! Suspect this will drift southwards it's going to be quite a while before anything meaningful

[seagreen] 01/2/2021 17:21

Quite a few well knowledgable people I respect are long term holders, let us hope all goes well

[excellance] 21/1/2021 20:48

Looking good

[seagreen] 06/1/2021 10:38

hxxps://lexingtongold.co.uk/wp-content/uploads/2020/11/Lexington-Gold-November-Presentation.pdf


The presentation is on line and the management is good you just need to be patient, I gather the market makers were well short but they bought into the placing allowed them to participate and cover their shorts, which is a shame, I am sure Ed would not waste his time unless he believed in the potential of the projects.

[excellance] 05/1/2021 19:12

To clarify, I have NOT taken a position here, I am merely observing.

Of historical data it is clear that low grade gold is evident, within a couple of hundred metres from surface, and I'm sure that if modern technologies were employed then more would be found. The question is, is there connectivity, are there deeper zones, is it economically viable, and, are there better investment opportunities out there?

I'm not convinced about LEX, so I'll stick with my current hand and watch what happens for now.

[excellance] 05/1/2021 18:33

To be fair same happened at CHF before RNS's began to reveal the story to retail investors.

So far LEX have only got themselves into a position to do some work, but haven't really presented their story to a wider audience other than insiders.

When are they going to start drilling?

Still a long way to go, and they haven't really started yet. If they have started then they should be telling the investment world all about it.