LCL 11.1% 1.0¢ lcl resources limited

Hi Duck, I did note all of the things that you mention (market...

  1. 5,731 Posts.
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    Hi Duck,

    I did note all of the things that you mention (market cap, etc) and I am aware of the history and the big decline in the share price and resultant shareholder values.

    The graph shows that nicely and the beating it's taken is what now makes it so cheap/attractive (good for people buying in now - not so good for people that have held for years).

    The thread is named "turnaround story" meaning exactly that: beaten down badly, new Board/Management and new direction and hopefully a good turnaround.

    Let's see what happens and yes, I am also looking forward to the drilling; those numbers (384m @ 1.01g/t Au) are ridiculous and the envy of many explorers out there (which are valued much higher than MNC; like STM, etc.).

    Cheers,

    GB.
 
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