Ann: Company acquires multiple PNG copper, nickel, gold targets, page-54

depends of course what (if) they find .....I for one am hoping it proves to be extremely cheap! .....I like this move - at the moment we were all sitting around waiting for time to pass hoping for a change in govt at the next election.....at least this way they are back in the hunt for a discovery and if Gold starts to run up in price LCL will participate rather than watch all the Juniors around them multiply in value....350k cash out the door is the important consideration (which is next to nothing) .....the current share price is telling us that the market cap has increased from 23.4m (@3.6c) to 30.7m (@4.3c) (post dilution) ......so it has added 7m in value of which the new holders own 3.7m....existing holders are net better off than yesterday (at current SP)! GLTAH's