LML is not chasing hype — they are laying the foundation to open a mine. Most investors are still watching for assay hits without realising that Lincoln is executing a textbook Tier-1 exploration strategy. They’re working directly with DEM geologists, applying sulphur isotope analysis, geochronology, and structural modelling to understand the mineral system before drilling further. That’s not the behaviour of a company looking to pump a chart that’s how major discoveries are made. For those who like numbers: ore value = grade × tonnes × recovery × metal price. Just using the BUDD192 intercept as a reference 2% Cu = 20 kg/t × $12,000 = $240/t, and 31% Pb = 310 kg/t × $2,200 = $682/t, plus Zn, Ag, and possibly Ge and V. That’s over $1,000/t rock — and that kind of value puts it in the league of producers like Golden Grove, which built its reputation on polymetallic zones with similar multi-metal systems. This is no longer about price per share it’s about resource definition. I genuinely hope people on this forum start to understand the scale of what’s happening here. When drilling resumes in H2 2025, guided by real geological vectoring, this moves from speculation to development.I’ve worked on systems like Golden Grove what we’re seeing here is textbook early-stage VMS with overprinting, and that’s rare in juniors.
LML Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
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