Bill Clayton has a solid reputation and he's done a good job running LSR on a tight budget for several years, mostly by himself. Pretty much everything spent goes into exploration.
The future at present is tied to this Vango deal. I don't know anything much about them other than to observe that they haven't been very active for a long time. Having said that, the ground is in a good location so hopefully they can make something of it.
I don't currently own shares but have in the past.
Ann: Drilling Commences at Ned's Creek Gold Project, page-3
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