As was stated by Bent (Interesting name) we were more realistic and looking at 500koz with the potential for further resource upgrade in the next drilling campaigne which is either due to start very soon or has started on old mine workings.
What I like about this is the potential for open pit extraction of ore, close proximity to transport infrastructure and history in region.
As long as management are consistant with their reporting and show the market they are up to the job, this stock has a huge potential.
Witht he way this stock is trading Ithink any damn mug can get a free position in it without much effort.
Just rememeber Greed kills in the stock market, take your profits when they come, becasue you never know there what is around the corner.
I love this job, it is so rewarding :)
LRC Price at posting:
2.3¢ Sentiment: ST Buy Disclosure: Held
