Ann: Lake Roe Gold Project Mineral Resource Update, page-43

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PetrStiff

633 Posts.

132

10/01/22

22:16

Post #: 58763000
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Originally posted by Just4kicks: ↑

Agree on a lot of what you've said re Lassonde cycle and I don't want to put my head in the sand as s/term the trend is down.
The mass exit since the Manna deal has killed the sp (acknowledge tradedemon, Rabbitohs comments) in the near term. Chart looks terrible for traders (H&S) to my amateur technical eye.
However there won't be a near term cr and I'm not sure you're reason for thinking there would be?
Fundamentals are better than they've looked since I've been investment and in general I'm pleased with the achievements so once sp decline bottoms I'll probably buy more.
What will the bottom be from a technical perspective any chartist? looking at the depth there's plenty charging for the exit.
Definitely going to test holders conviction in the next few months imo especially if sp wallows into eofy when tax loss selling occurs.
On a different topic - Peter Cook assembled multiple stranded Gold deposits and brought them into production through WGX. Is it possible we'll acquire more ground in Eastern Goldfields as the likes of ALY have a massive land holding next to ours and they've got a minuscule MC of about $12m?

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My definition of short term is 0-2 years. So i would say CR is required within this time frame.

Last edited by PetrStiff: 10/01/22

BRB Price at posting: 26.0¢ Sentiment: Hold Disclosure: Not Held
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