My letter to Peter Marshall and LNY management ... not sure if I kissed or kicked arse enough here. Please vote for kiss or kick.
"Dear Peter, Scotty, Biz and team
Thanks for all your hard work in 2019 and 2020 in advancing the company and shareholder value.
Thanks for your open disclosures.
The great results in the Sherwood deposit are very encouraging for us long term shareholders and newer shareholders who see potential in the stock.
Just a couple of questions
Are we planning to do more drilling around the pit before for the next mining campaign? 20,000 tonnes seems a small amount to mine, compared to 70,000 in last campaign.
Also when will we start to do some deep drilling to find the deeper bonanza zones?
LNY 2017 report "Bonanza veins occur within the boiling zones of the epithermal system, commonly around 200-600m below land surface. Bonanza veins are a common feature of low-sulphidation epithermal deposits worldwide."
http://www.lanewayresources.com.au/irm/PDF/1055_0/PresentationtoNoosaMiningConference.
Comparison to the Vera-Nancy deposit that is 150km SSW of Townsville, 200m depth and >1.6MOz Au.
http://www.portergeo.com.au/database/mineinfo.asp?mineid=mn227T
he Hishikari 8.6MOz deposit, 200m depth.
http://www.portergeo.com.au/database/mineinfo.asp?mineid=mn059
It's the wet season, so understandable there's a bit of a lull in activity for now.
But SH would like to hear what is being planned in some detail especially with drilling and size of next mining campaign.
Wishing the team success in 2020, and that we can all achieve wealth from our investments. "
Cartair ... Mate I hope the SP rises for you in the timeframe you expect, or you can find better returns on investments elsewhere and make back your losses. Wishing you happiness with investments rather than stress and worry.
For myself I have put an order in for 0.5c during the wet session lull so be prepared so a little bit more receding as we are unable to mine in the wet.
Taking out a leaf from the bigmarn and ending with HAAAA. Keeping smiling and determined to achieve those riches.
