LPD 50.0% 0.3¢ lepidico ltd

General discussion, page-92

  1. 11,098 Posts.
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    I have held about 500 or so shares for quite a while, as was expecting a crap raise, and planned to buy a stack both on and off market once they were getting reasonably cashed up. I have a high regard for LPD's IP etc.
    However I really don't want to invest in gold exploration within a company that is specialised in a different business. I can't see how that can be a smart idea. I'd be much happier if they hibernated a bit and kept progressing with their IP and tech.

    I think they should get refocused. Little distracting gold tricks might suggest the gambling instincts have taken hold in a desperate attempt to raise the SP. But if they keep making progress the SP will look after itself IMO. I hope they change their minds and use this money better than current plans.

    I'm staying on the sidelines mostly.
 
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