Having seen a few Co's going down the gurgler in the last few weeks because of the softening and and declining market of metals and commodities I have come to the conclusion that juniors and mid tier companies will continue to struggle if they have all their eggs in one basket.
Looking at what LCY is wanting to do makes perfect sense to me and the fact that we will soon have 4 up to 5 different types of resources at play will I think ensure we have our bases covered. Throw in the fact that NMDC is our backer I can see us weather any storms in the short to medium term.
My dentist mate is happy that his order is nearly filled and would expect him to be in the top 20 or even possibly top 10..lol
LCY Price at posting:
11.5¢ Sentiment: Hold Disclosure: Held
