LCL 11.1% 0.8¢ lcl resources limited

Ann: Placement, page-13

  1. 998 Posts.
    have to agree slinkster - its usually the modus operandi of these asx/aim minnows that have reached this point- doesnt usually end well with multi billion shares issued- tells a tale of endless dilution.at least the mc is at cellar dweller levels, market can punish these companies that have drastically underdelivered,as seems to be the case here.not sure what to make of the los calatos situation-i just cannot believe or trust howe any more ,personally- but happy to be proved wrong.i think they struggle with one asset let alone 3, going by history, so the colombian gold may be a way off yet.still, be patient , if lucky we get something out of this.
 
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