lodestar agm, page-27

PT - thanks for the post. effort appreciated.

it was interesting to hear that prior exploration in the area by companies such as WMC and CRA was done about 50yrs ago and that focused on Gold. And that the exploration was done at a pretty 'high' level. As you said they must have practically driven over SFR's DeGrussa whilst they were out there! And yet they still managed to get some good Cu results at McDonalds Well despite the lack of systematically detailed exploration in the area.

LSR seem to have used the historic results as a broad flag for where to start from and then focused in using more modern techniques (VTEM etc) to isolate areas of interest. Appears that this has then lead then to areas of real interest - which if i understood the MD properly where all basically located on the secondary structures running off the Jenkin fault. With the plan being to put a couple of holes into each of those areas to get a better idea of what is under the surface. The MD seemed very excited about the pending drilling indeed.

As for the corporate stuff - yeah they could do with a hand to improve some of their corporate communications. Just not up to the spivvy level of some of the others in the area mind you! You write excellent posts - have you considered offering them a hand?

Lastly re the road show. I had thought that Pattos would be likely to start up a hype storm based on drilling and then sell. That doesnt seem as likely if they are going to go on a roadshow to fellow brokers. Wouldnt make any sense to burn their peers. Guess they must have some confidence in LSR if they are going to go down this route!

All in all I reckon future looking promising indeed both from geo point of view and for broker support to rise SP and corporate profile. Hopefully very exciting times coming shortly.