I wouldn't worry about it going into production, LCL will be taken over before then, either by the Chinese or Anglogold. Checkout Ross Ashton's history, all his companies find great resources and then get gobbled up. Also, Dr Fu (LIZENG & Ausino) has deep links into Chinese mining. Zinjin bought Continental Gold last year for their Buritca mine 50kms north of where LCL is currently drilling. I'd suggest that's why Dr Fu has bought in early, he's a great geologist so understands the potential, but he's also a great businessman that can see the value and that Zijin have set a precedent in the area at US$100/oz.
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Mkt cap ! $9.648M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 3183330 | 0.9¢ |
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Price($) | Vol. | No. |
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1.1¢ | 2095077 | 5 |
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No. | Vol. | Price($) |
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8 | 3183330 | 0.009 |
7 | 2779466 | 0.008 |
8 | 5078480 | 0.007 |
8 | 6730000 | 0.006 |
5 | 2645080 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 2095077 | 5 |
0.012 | 1973905 | 6 |
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