LSR 0.00% 0.1¢ lodestar minerals limited

worth keeping an eye on , page-6

  1. 11,511 Posts.
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    Profit taker , on what basis do you make those calls ? As far as I am aware both your suppositions are wrong .It is my understanding that LSR planned to drill as soon as their leases were granted and native title negotiations concluded which their MD suggested to me would be around the same time .Also I think they have enough funds to put a couple of holes down before they would need to raise funds ,far better for them to raise funds of the back of a higher SP .If their motives were otherwise they have had 2 opportunities recently when their SP was around 17c to raise funds .I don't follow your logic ,if they wanted to raise funds why would they wait for their SP to retreat to the current level before raising?

    Dag ,yes those Cu rock chips geochem grades from Ned's Creek are superb .Certainly the highest I am aware of in the Doolgunna area.Also they seem to be coincident with both VTEM and a structural corridor
 
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