Firstly I am a relatively new serious investor here, I look for value and after banking $$$ on LRS some of it needs to find a home elsewhere or reinvest in LRS on the 60% + drop on LRS that has occurred.
I could be rubbing a lot of LRS LT holders noses in it, but I don't!! I would be labeled a jerk and quite rightly. I wonder how many are kicking themselves for not banking profits???
All you are doing is rubbing peoples noses in it.
I posted my sells unlike many on HC. Ohhhh the "why sell??" , "your going to miss out" crowd were full on. Lol.
On LRS Performance rights I will post separately on LRS.
In regards to your CRR was closish last year call - Closish in what respect?? SP?, MC?
Data below for CRR, LRS and WR1 as you mention them. I don't do PMT due to dual listing headache, but they were down 70% at one point.
CRR ATH is a bit of a nonsense in my opinion, I was not holding, but if I had have been the lot would have gone on sale.
The nearest CRR was to LRS is around 27% of its MC on a end of quarter basis last year. How is that close?? They are still quite different companies in where they are in the Mine development cycle IMO.
2023 was a shocker for Canadian stocks with the regs on Chinese investments flowing through the market and Canada.
I like LRS, who wouldn't when it's made you lots of money, but I have not fallen in love with it.
I will wager that close of business 21st Feb 2025 CRR has outperformed LRS on an SP basis.
LRS 22c tonight
CRR 1.7c Tonight
Slab of beer???
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