Agree. If they had of drilled up north they would have had a higher chance of hitting something substancial and kick started the SP. The higher the sp goes the more they can make for less shares when it comes to a CR. Running a CR at these levels is, for lack of a better word, Stupid, They need to punch up the SP they run a CR and I can see it happening from here with AU drilling. I realise the direction is probably coming from Godwanna but that just means we are paying for the right for them to spend our money where they want. Lets hope management know what they are doing and there is a motherload in one of these holes. Im not liking our chances. They havent had any luck in drilling so far. Last day of the quarter and in true form no announcement yet!!
GD
LNR Price at posting:
0.3¢ Sentiment: Buy Disclosure: Held
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