LDR 7.62% 9.7¢ lode resources ltd

Ann: Drilling commences on large surface silver anomaly, page-3

  1. 443 Posts.
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    Tangoa West lode sadly doesn't look to be and likely far too volume constrained to be a viable deposit despite impressive grades, however this target being TEN times larger at surface very well could be a significant find if grades approach anywhere near the higher levels seen elsewhere on the prospect.

    I believe there were a total of half a dozen new targets defined recently without historical workings that are prospective.

    I'm not a geologist by any means but I hope management can vector in and sink at least several very deep holes to possibly pinpoint what they believe may be feeding all these lodes as they've outlined as a possibility amongst the heavy geological jargon that has been clarified by another poster on these forums.

    Very much worth the roll of the dice as a speculative investment at this price and market cap, even in the event of dilution. The lack of newsflow and what appears to be a glacial pace of reported activities is a distinct negative however.

    GLTAH

 
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