LRV 2.60% 37.5¢ larvotto resources limited

LRV 2024, page-22

  1. 4,327 Posts.
    lightbulb Created with Sketch. 6535
    Morning all.
    For those of you that do research and understand the potential in the geology here,
    take a look at SXG today and those intersections.
    These guys have been described as putting up "Directors Specials."
    The drilling for these types of ore bodies makes for a difficult search that requires close spacing.
    Close spacing is precisely the reason that SXG was rubbished for their drill holes.
    As you may recall, I put up a vid on how the search is conducted and why.
    The extreme grades are very narrow and can be missed very easily if the spacing is too wide.
    Multiple scissor holes with a variety of angles so as not to miss.
    Some geo's describe this type of exploration as "Difficult".
    I have also said before that our Management team did a field trip here and then went of to Fosterville and Costerfield.
    They got it first hand from those that have been successful in these analogues.
    If we hit the goods early in the search, I will be ecstatic.
    What we have so far tells me what I should be expecting.
    After my first posts, and the muted response, I have been adding so I am happy with a decent handful and could add more at this low SP.
    I am not put off by the negativity of others and celebrate the rising GP to support this project along the way.

    Kind regards, Wack


 
watchlist Created with Sketch. Add LRV (ASX) to my watchlist
(20min delay)
Last
37.5¢
Change
-0.010(2.60%)
Mkt cap ! $116.2M
Open High Low Value Volume
39.5¢ 40.0¢ 37.0¢ $914.2K 2.366M

Buyers (Bids)

No. Vol. Price($)
9 346171 37.0¢
 

Sellers (Offers)

Price($) Vol. No.
37.5¢ 6252 1
View Market Depth
Last trade - 16.10pm 27/09/2024 (20 minute delay) ?
LRV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.