I believe you are correct and the 10 to 11 million OZ AU is easily acchieved in this particular area of Chile.There are super mines here in the immediate area with JORC upwards of 20 million OZ AU.
LRC in my view will move upwards sooner rather than later.Do some research on SBL(same management same head office address),they have gold tenements in Africa and i believe they dont have the potential of Chile and in fact are still well behind LRC in terms of production forecasts and JORC.
The market got on to SBL recently and the same will happen to LRC!
LRC Price at posting:
$1.63 Sentiment: LT Buy Disclosure: Held
