LRL 0.00% 1.6¢ labyrinth resources limited

Ann: Quarterly Activities Report , page-7

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  1. 6,725 Posts.
    lightbulb Created with Sketch. 14
    Yes indeed Mongolia has dropped off the radar.
    The Company isnt one for keeping the little guy in the loop imo.

    However they do say that accquiring High Quality Assets is competitive and takes time, and I beleive that when they do secure a deal, it will be of high quality.

    The JV appears to have arrived from left field and working on the theory that LRL's language is alway reserved I take heart in the use of the word LARGE when describing the Chinese enterprise.

    Despite there lack of communication I'll stay with this one and will buy more should it approach cash backing of 22cps.

    As for london, whilst 250,000 odd share turn over is above average it was achieved with 14 trades.

    Oscar










 
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