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26.0¢ lotus resources limited

80m of 0.77% Cobalt, page-49

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Red Tempura

231 Posts.

14/09/16

13:25

Post #: 19146671
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Originally posted by Degreener ↑

The more I read this the more I am thinking this is a massive pump and dump. The heavy reliance on the original assays and then trying to discount the re-assays smells bad. That is why geologists re-assay in the first place. They get results that appear unbelievable so they go back and check. They got unbelievable assay results, so they checked. Results came back confirming no mineralization. I note that the geologist who did that work, A Drummond, is on the board of TNT Mines (along with Professor Ian Plimer). I doubt someone of his caliber mis-sampled the re-assays. Someone should call him and ask!

I also note there is not one mention of the re-assays returning zero cobalt or gold - why? Neither is the table with the re-assays referred to in the ASX release or the JORC table. Again, why? This style of reporting seems like it is trying to mislead. As I have said before in previous posts on other stocks, it is what they don't say that is the most revealing.

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lol the more you read.... I think someone missed the opportunity on retraction.

why would you read through all those pages if you have no interest in this stock?

the only part to focus on DLE is the investors increase in holdings

Last edited by Red Tempura: 14/09/16

RIR Price at posting: 2.1¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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Last 26.0¢		Change 0.000(0.00%)		Mkt cap ! $476.2M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	100000	28.5¢

Sellers (Offers)

Price($)	Vol.	No.
25.0¢	44203	2

View Market Depth

No.	Vol.	Price($)
2	100000	0.285
1	60000	0.280
2	21710	0.275
8	310576	0.270
9	264117	0.265

Price($)	Vol.	No.
0.250	44203	2
0.260	44034	4
0.265	149596	5
0.270	63772	8
0.275	147591	2

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