LCL 11.1% 0.8¢ lcl resources limited

It's not a good time to look for entry now - the market is due...

  1. 43 Posts.
    lightbulb Created with Sketch. 24
    It's not a good time to look for entry now - the market is due for correction, and more pullback is coming. I expect the news from Chuscal won't be anytime soon because hole 12 and 13 will probably be reported together, judging from the previous announcements from Chuscal (announcement about hole 5, 6 , 7 and 8 together on 7/12/2020; and announcement about hole 9, 10 and 11 together on 16/3/2021 - there are 3 months interval in between, plus the drilling at hole 13 is probably incomplete yet), so a lot of things can still happen while waiting, which is very risky. To prove the porphyry, it needs the assimilation of the results from a few holes as well, so they probably just can't release the result about hole 12 alone. I will probably wait for the dust to settle and re-enter.
 
watchlist Created with Sketch. Add LCL (ASX) to my watchlist
(20min delay)
Last
0.8¢
Change
-0.001(11.1%)
Mkt cap ! $7.719M
Open High Low Value Volume
0.8¢ 0.8¢ 0.8¢ $21.29K 2.662M

Buyers (Bids)

No. Vol. Price($)
7 2525862 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 508318 3
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
LCL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.