LCL 0.00% 1.0¢ lcl resources limited

Ann: $10M raising for multi-rig drilling and to extinguish debt, page-74

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  1. 4,795 Posts.
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    LCL has landed itself into a quite unique setting ; whereby in a bull gold region ; LCL’s zone, is in an area which has previously been unexplored due to sociopolitical constraints / problems and nothing more than that

    An early mover and a massive area tenement holder in an area, where multi million ounce gold mines have sprouted like teenage acne, as the doors to the region slowly opened up.

    Comparisons being made to DEG....theres a lot of ’nothing’ sourrounding DEGs HEMI tenement ; HEMi is a jewel, a catch zone in which gold accumulated over time; I'm not sure the nearology plays to DEG will actually come up with anything resembling DEG's HEMI tenement ; the DMP site etc is a good source of information to this.

    Fresh Colombian zone ; bull rich area..my betting is that LCL rises to a min 400mc within 12 months ; other may think different of course
 
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