There was an article published in Argentina around mid last year claiming that LRS had illegally explored San Luis and King Tut.
As a result it said “they we’re suspended from any further exploration pending an investigation.”
The company didn’t address this with any kind of announcement but I followed up myself and unfortunately Chris Gale was unavailable (and still is) for comment or to address shareholder concern.
The receptionist did tell me she knew nothing of the article and that it was 100% false.
At the time I thought it could possibly be a disgruntled local official throwing sand but 12-18 months later with no further exploration or permits granted I wonder if there was some truth to it after all?
Complete speculation on my part but if you want to find the article it will be somewhere in the threads from around 12 months ago.
Cheers
There was an article published in Argentina around mid last year...
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