LIN 4.00% 13.0¢ lindian resources limited

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  1. 621 Posts.
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    Neighbours down that road as at Sangredi have depleted their conglomerate bauxite, they have resorted to mining in-situ which is less profitable. If the drill results confirm we have a conglomerate bauxite deposit, LIN will be taken over, JV, strategic partnership or some other arrangement by CBG. It would be non-sensical for them not to agressively pursuit this path. Shannon has stated he would look for a "corporate exit strategy" to reward shareholders.

    It isn't every day you come across these shares. I Jumped from PCK to NHL, now over to LIN. I believe LIN has the greatest potential upside, given the extremely low MC.

    I hold 4 million shares of LIN and will certainly keep increasing that holding throughout the week coming forward. Not looking for a quick P&D here. Looking for this deposit to be defined in compliance with JORC. To sell before that is done would be immensely ignorant.
 
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13.0¢
Change
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Mkt cap ! $138.3M
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12.0¢ 13.0¢ 12.0¢ $34.91K 279.1K

Buyers (Bids)

No. Vol. Price($)
11 233825 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 70802 1
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