LSR 0.00% 0.1¢ lodestar minerals limited

i"m in, too good to leave at these levels., page-6

  1. 877 Posts.
    these guys are unlikely to do much drilling. cap raise coming for sure. will need to be relatively dilutive to get enough $$ together to do a decent program. i expect they'll skin it again go for some (more) regional activities, some sampling and maybe, just maybe a couple of RC holes (no deeper than 250m or so though).

    the wasted potential here is phenomenal and for one i lay the responsibility for the inaction at Dave MacArthur's feet. for those that doubt me - i suggest you pop along to a shareholder meeting and ask him a few questions.

    bottom line: in 3 years they've drawn out at least $750k a year to basically do very little. whereas the neighbours have all been active.
 
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