LCL 11.1% 0.8¢ lcl resources limited

Ann: Tesorito delivers more wide and high grade gold intercepts, page-24

  1. 10,244 Posts.
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    I did not expect the earth today on that ann, but neither did I expect a red day on good exploration results.
    I conclude the market knows there is heaps of gold from surface and grade for a bulk mined deposit is excellent (anything over .3 g/t would do if continuous, and rich shoots make it better)
    Therefore market is waiting for next steps -- deep core drilling for Cu -- resource for each deposit -- news of what is the future, mining ourselves, or JV or sale.

    Stay strong, I say - keep doing DD and GL.
 
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