Grub, ..... Regarding your summation of someone getting a "foot in". I have just read and re-read the LSR announcement this arvo, and between you and I, (and anyone else who is interested), ----- depending on a couple of things, including management's fortitude, and maybe a small amount of short term fortune with their next round of drilling results ------ I have no doubt, if the stars align, this could easily be the next Sandfire!!
Big Call --- maybe, but to put in in context ------
LSR's management have a great deal of skin in the game; We have potentially the best "land" in the area; Management have CONTINUALLY "suggested" how long and wide our strike area is! ...
Personally, I believe the Gold is only a pre-cursor to what will eventually be proven up in our leases (COPPER!!) ......
Strategic Board changes; top level consulting Geologists; The continued intimated potential of what they believe they have found -------- It is a no brainer for me.
Short term, we need capital, so there will be a period of "a chance to get in" ---- My guess is a Cap Raise at around 1.5 cents to Sophisticated folk ---- Regular folk may not even get a chance at under 2 cents if the projected results are what I expect!!
Anyway, enough ranting from me ---- I am actually more excited in a Spec than I have been for sometime, and I have backed my excitement with a lot of hard earned!! ----- If I am wrong, I will be the first to admit it, but I think the next 12-18 months will prove me correct with this one (big time)!!
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- Ann: Lodestar Corporate Presentation - July 2014
Ann: Lodestar Corporate Presentation - July 2014, page-55
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