According to well known gold bug and investor in LLO Bob Moriarty "here was a hedge fund that had 11 or 12 million shares (in LLO), and they’ve been dumping it for, at least, the last six months. And I think they’ve sold all their shares now. Of course, in my investment books, I’d say, buy when things are cheap, and sell when they’re expensive. And that sounds simplistic. It’s fact of the matter, it makes a ton of sense. You just made my point. I’m thinking, real seriously, about buying more (shares in LLO) now. And the crazy thing is, I’ve got a lot of shares now". He says his largest position is LLO. See the full text here: https://energyandgold.com/2023/06/16/bob-moriarty-reveals-two-of-his-largest-junior-mining-positions-and-the-best-gold-project-in-canada/ Explains why the share price has disappointed lately.
LLO Price at posting:
83.5¢ Sentiment: Buy Disclosure: Held
