LCL 11.1% 0.8¢ lcl resources limited

I think this will settle for awhile.Gotta think next Wednesday...

  1. 1,601 Posts.
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    I think this will settle for awhile.

    Gotta think next Wednesday there will be approx 100M shares (approx $10M) in big profit at these prices. Talking at current prices $8M proift.

    Depending on what the strategy here is from their perspective they might look at taking a large profit (dump shares into the market) or they might not and try and lock them in and sell later once more DD is released. I know if i had that amount of $ locked in i would at least sell a few

    I would like to think she will settle around 12-15c until we get some further news on drilling which if good will blow the top off this baby

    Looking for an entry point, so hopefully i'm not too late.

 
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