Have held a few that are in these types of situations.
Essentially an extreme amount of patience is often required.
Directors such as Middlemas have interests in a lot of firms and it takes time to manage them all appropriately.
It depends on what eventually is backed in of course as the Lake Way East tenements don't exactly look like a company maker to me.
It could be months before anything happens... or it could be sooner... just be aware that sometimes these types of stocks need to be held for a long time before a return is made.
XEN
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