couldn't help myself.... but this is my final post.
no one - not even governments sell off valuable assets for a song.
it appears LOM has bought a dud going by the above extract.... no surprises there.... so why is LOM taking funds away from their flagship project to buy what appears at best to be a very modest diamond prospect? have they been conned? it will in any event take many years to prove up Mothae.
good post anyway ECAT88. You stand almost alone as one of the best posters on LOM.
I don't mind other posters who wish to challenge my opinion of LOM that's all to the good. What I can't stand are those ignorant posters who, knowing nothing about either diamond mining or LOM's history, posting nonsense about LOM's chances of making any of their latest acquisitions profitable. The market is the best guide to LOM's chances and so far it is saying LOM hasn't made much of a fist of it.
LOM Price at posting:
40.0¢ Sentiment: None Disclosure: Held
