LRS 2.70% 18.0¢ latin resources limited

Drilling, page-2

  1. 548 Posts.
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    Yes fully agree, probably not good news, we haven't hit any decent grades at all as yet, that is why they walked from Ill Norte, wrong time for a low grade deposit with copper prices low for a long time, hope I'm wrong but it doesn't look good in my opinion, only thing saving us is tax rebate, but still leaves us a couple of million in debt, better hope for a great sale price for Guado, although haven't we spent $10 million getting it to this stage, so unless we get near that it will be sold for a loss, if there are any buyers. Usual story from speccies promise the earth but few deliver, this is starting to look like this to me, can't see what will save us really, all just in my opinion.
 
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