20 million bidder for lrc, page-2

Any wonder when you read:

"Million Oz Gold and Silver Potential in World-Class Province

Highlights

Located in Maricunga Gold Belt (70 Moz gold resources & 465,000 oz/a in production).

1.1 million gold equivalent ounces delineated in JORC Resources (Indicated + Inferred) at a cut-off grade of 0.7 g/t gold equivalent, for an average grade of 1.5 g/t Au equiv.

Targeting production of 100,000 oz/a gold equivalent by open cut mine development and conventional processing with cyanide.

Brownfield project which can be fast-track to production as an open cut mine.

Feasibility study in planning.

Four additional high quality gold projects acquired in the Maricunga: Maricella, Cerro Imkan, Guanaca and Cachitos."

From LCR's home page at http://www.lagunaresources.com/

My Comment: All going. Going. All gone. At just $22 million based on KCN's current bid?