LSR 0.00% 0.1¢ lodestar minerals limited

I have been watching it's moving down on very low volume seems...

  1. 5,578 Posts.
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    I have been watching it's moving down on very low volume seems like nervous holders selling 2.9cents is a fairly solid base I see no reason to sell at this point, if you don't mind waiting a while.

    Main concern for me is about the cash situation they missed a great chance to raise when they had momentum in the 4's. but they recovered came out with a great plan only for burton to airball and kinda screw that up, they will just have to run a tight budget till march now.

    That means no big sky drilling for a while, which shifts focus to marymia the drilling there is only 59 air core holes, only 60m deep so, it's more of a Shallow reconnaissance mission, it unlikely any serious share price driving results will come from it and if they do assays won't be around until late jan/feb, that's if they start drilling this week no later.

    It's hardly worthy of a wtf, just some gonna be a few months it will run on news just don't expect that news till about march, when they announce plans to drill big sky, if your an optimist out of left field little well might end up striking lighting leading to some money for big sky.
    Last edited by thunder54: 20/11/15
 
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