looking for gold dust, page-8

I sold after the December grade + cap raising anns.

At first I thought 1-2g/t is a good result but after comparing with other grades found in Australia ( up to 154 g/t ) I decided to sell. I had an email exchange with the CEO and he made a good impression on me. So, I can't complain about the managements efforts but it looks like they have chosen the wrong area. Not much gold compared to other gold fields.

The market expected much higher grades and that's why the sp did not take off, btw it was the second time LRC-grades have disappointed the market.

My view : There are much better valued gold explorers on the ASX.

Disclaimer : I am not holding any gold stocks atm but was watching LRC very closely.