LCL 0.00% 1.0¢ lcl resources limited

General Day to Day Banter, page-289

  1. 5,067 Posts.
    lightbulb Created with Sketch. 788
    The company will have a plan to ensure options are exercised.
    They will release a lot of news and results o to get the share price up. So will existing holders. Dont sell cheaply as LCL has found a lot of gold and have much cash. Shorters have shoje the tree and will try. Its not a greenfield so has been derisked. Once it gets the 7.8mil from option B it will have money to drill more. Its found a whole province of gold.

    The big rise of LCL will come once results are released. A sign of confidence is their largest shareholder has exercised his options 1 year in advance to raise 1 2mil more. Think of the 632m of gold at 1 gram plus or the 60m of 3g and many holes hit. Gold on the rise. Imo this share worth multiples more. I plan to exercise my options
    Last edited by Brightoil: 04/07/21
 
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