Ann: 320m @ 1.5g/t gold drilled from surface at Tesorito, page-178

Hi all,

Just bought in on Friday. After selling NST at $2.00 a number of years ago, and kicking myself, I've been looking for another promising gold Junior ever since. When I saw the recent announcement, and did a little study, I jumped at LCL. Theirs quite a few things that grabbed my attention, apart from that great drill result.

As pointed out by some great posters here, LCL is right in the heart of gold-bearing country. What a great place to be.

Secondly, I like LCL's affiliation with Anglogold. While I'm far happier to see success at the almost wholly owned tenement of Tesorito, I have my fingers crossed that LCL's drill finds something substantial at Chuscal. With Anglogold onboard and with the money they have behind them, I would imagine that good drill results could segue into a fast-tracked mine, which would mean an income stream for LCL and the end to capitol raises after a while.

Thirdly I like the look of the management team. As yet I haven't had the time to study them further but there seems to be a level of experience, and prior success, that gives me the impression that LCL is in good hands. If anyone here has anything further to add about our management team I would greatly appreciate it.

Regarding the share price. As mentioned I was a holder of Northern Star. I got in early and was a holder when they began buying up tenements all over Australia. They also made significant new discoveries in tenements they already owned. Over the period of a few years they steadily increased to around $2.00 but their share price just did not get past this no matter how much good news they published. I gave up on them and put my money elsewhere, thinking that the market would never support NST. How wrong I was. Last I looked they were around $15.00 a share. Point is, if you believe LCL is a good thing, don't get disheartened by a lagging share price. If LCL continue to deliver good drill results, the market will catch up at some stage.

All the best

Rhama