LIN 4.17% 12.5¢ lindian resources limited

I don't know the history of this at all, but that must have...

  1. 864 Posts.
    I don't know the history of this at all, but that must have taken the GFC in.

    Looking at the gold and copper grades across the projects, it seems to have a lot of potential and is possibly already undervalued.

    My main reason is, having gotten onto AVB and VOR before they had huge SP rises, I feel that these teams are good at extracting maximum returns from any good news and they should be able to get some good news out of these tenements.

    Seven decent projects plus around $6m cash and an overall market cap of $18m looks like a pretty good base to me.

    As for not directing the company any more, in fact Anthony Cunningham is a director and he is one of the partners in CPS Securities, who were the underwriters for the entitlements issue earlier this year.

    Companies these guys (Matt Wood and CPS) are involved in seem, from my experience, to have massive SP spikes.

    So that's why I rate LIN as a very good chance of achieving significant gains this year.
 
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