LCL 0.00% 1.0¢ lcl resources limited

Ann: Encouraging start to porphyry drilling program at Chuscal, page-11

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  1. 4,277 Posts.
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    Still trading above CR after 3 months of POG down from 2100-1800 with a steady but slow flow of information and results.

    Let the campaign continue IMO and understand that low prices are merely a short term reflection of market sentiment. Apparently, cryptocurrencies are the flavour of the minute.

    Commodities IMO will be in demand with the global infrastructure spend unfolding.

    4 FACTORS with LCL that have me invested that are essential for an Exploration company:

    - Jason Stirbinskis and his team are showing class and excellent management skills in what has been achieved in a short space of time listed as LCL.
    - Related interests in AUSINO and Anglo that are invested in LCL success.
    - A resource that has geologist's mouths watering at its potential extensiveness.
    - Trading at nearly a 50% discount to ATH's makes it 2x more appealing as an investment now than it was then.

    IMO DYOR.

 
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Mkt cap ! $9.648M
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