LRC 0.00% $3.54 laguna resources nl

stagnent sp, page-21

  1. 3,281 Posts.
    It would be nice but have to be realistic, look at the amount of shares on issue in comparsion to AVB 1100mill compared to 99 mil, with a possible raising coming next year to dilute even more, I think this is the reason for average interest.It should be valued around 2.5 cents IMO, complete JORC should get it in line to hit around 4 cents.Production targets etc on researching was very easily to compare to its sister SBL. If the board follows SBL and mines a small deposit to free up cash flow in the near future we shall see movement.More piece of mind is it is in a stable political country. Put this in the bottom draw...Trust me... I had 2.5 mill shares I bought in PIR for 9.9c years ago and sold at 16c.. Look at it now.. Patience is the key.
 
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