Dean I agree with you summation of LRC.
I my humble opinion, I think those that are upset by what they have read:
- expected too much, thought 700k oz is awesome as a starting resource
- didn't consider the gaps in the charts from 1.3 to 3c, which needed and are being filled
- listened to much to the hype being dished out by fellow HCers, I made comments yesterday regarding hyper talk and farsighted speculation on things that are irrelevant at this stage
- were expecting to make their fortune in this fledgling stock in one push
- were total naive and have no one but themselves to blame if they are in the negative, and if so have no risk management
As I have said this latest release is aperfect steping stone to future sp, with drilling underway in targeted areas that 1-2million oz is definitely an achievable target considering they are 75% to 30% already there.
The region has a history of gold production, infrastructure is close and the mining that will be undertake is being reviewed for open pit production at low cash cost.
Excuse me for a little optimisim and contentment at this announcement.
Finally
STOP YOU WHINGING or GET OUT until you educate yourselves.
- Forums
- ASX - By Stock
- LRC
- my humble opinion
my humble opinion, page-2
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)