I didn't average down on this one because I wasn't to confident in management in regards to their signs.
I think if the co. has done their research in regards to mining exploration and have a knowledgeable team behind them, then todays share price is just a drop in the ocean.
In other words 10 to 15 cents in 3 to 6 months time is achievable but if we're being fleeced then it's back to 0.03 of a cent.
With director buying in though, that's shows some confidence that something big is brewing. The graph shown that management has bought three times in the last few weeks.
We've ALL seen stocks go UP UP AND AWAY even on sentiment alone, so why can't this co. with a good plan and parters with patrons do the same.
LongTerm
LUM Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held
