Cash is King, page-71

Furniture

We all understand LMR is trading at less then the cash backing.

But they are not going to invest in speculative stocks on a trading basis as you are suggesting. If you read Anthony's response to a poster here on HC you would have realised that they are looking to buy distressed assets, a much safer investment for the going concern for Lemur Resources.

I also noticed you posted that you have held for two weeks, which in a large majority is a ST hold.

So please, have some patience. IMO this stock will eventually trade at the cash level and even if that is one year from now, it is a great return on investment.

Thanks.