LCL 4.55% 1.2¢ lcl resources limited

Gold price breakthrough USD$2200 overnight and reaches it all...

  1. 329 Posts.
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    Gold price breakthrough USD$2200 overnight and reaches it all time high. Meanwhile, LCL is focusing on nickel drilling with a little bit of gold, plus no intention to progress the 2.6MOz gold reserve in Colombia.

    Is Colombian government really anti-mining? I doubt it. Have a look at another gold exploration company in Colombia, Collective Mining Ltd. They are also a "porphyry hunter" like what LCL is doing. However, they have no problem in progressing their exploration, continuously showing promising results. They even invited the Colombian Vice Minister of Mine to visit their facilities.

    Given that both LCL and Collective Mining are in the same country, why is LCL not capable to do so?
    Last edited by richardlow: 21/03/24
 
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