Hi. This is a hold. The secret is still a secret but may well be outed soon ;-) Its just hold hold hold. Some shares you get great comms , here no such luck. However it doesnt mean this will not make a hell of a lot of money ! I have tried several times to get the Bod to answer questions, but with nothing. Keep the faith and dont chase rainbows ! The pot is here, just needs time.
Good to see the funding in place to move things forward. Looking forward to the next upgrade in the resource which should give a clearer indication of proven resource to date as well as any new areas of interest very happy to hold and will be adding when i feel the time is right. Patience in my opinion is the key with such a long strike length and many areas of interest looking good in my opinion, All the best. Roll on June.
Hi, I honestly don't know what the price will be if they ever sell the damn company, all I understand is that they need certain monies to get to a point where they can make the call. I agree with you about dilution but like you I'm in here now and have to wait and hope that things come good. I do believe that at their age and what they have found including the Nickel that they will eventually be taken out, if it is 10-15p I will accept it just to get back some money.
I try to look at it as if I was in charge and I certainly would not throw good money after bad if there was not an end game, what point would that serve, they have nearly enough Nickel for a future and the price of that metal is rising and they hopefully will add more gold which in this world should go up at lease another 15% in the future with all the crap going on, then they should have a Company to sell. Another way of looking at it is once they have spent the next load of money and got a better JORC statement what then!!
I can assure you I wasn't having a pop at you. Someone else on another BB.
Think you conveniently miss my point entirely regarding 'dilution'. Sure, it's obvious to anyone that dilution is an inevitable consequence of these types of shares. But you always hope it'll end sooner rather than later. The fewer dilutions over the years = the greater the success story.
The directors arguably don't lose out as they take their money along the way and this subsidises their ability to participate in fundraising so % original holding rarely decreases and most likely increases. It's the loyal long term holder that gets shafted.
There is a belief held by certain professional mining analysts that 7 years is a maximum time frame to make a success of things.
I still don't quite follow why the need here to be raising so much working capital at this point in time. By their own admission much of the pre-feasibility work is already done. I'd have thought one significant drilling programme is the only other priority.
... to all who've posted on here over the last few months. I'm out now, taken the hit and put it somewhere I prefer. All the best to those who hang on for whatever news Mr £300K was expecting but I can't wait. Lithium news? Tenement sell off? Nevada? Who knows. ATB everyone and GL.
I presume you are referring to me being a clown as I posted about dilution. I have no problem with your comment at all as if you give stick you must be prepared to take it back, However, I totally agree with your view about the number of shares in play, just so you know, I bought in some years ago at 11p and I am certainly not happy about the dilution but I don't see any other way of doing it other than trying to sell the Company now which would not be a good idea. As for taking wages, would you put millions into a Company and not take any, I would'nt. Having built up a Company and sold it things look very easy from the outside. If Landore is sold for 30p plus in 2 years time and the Directors earn millions I am happy for them, they didn't force me to buy their shares and I hopefully will make some monies moving forward. On making statements you always have to look at the other side of the coin. Look at all Public Companies, the reasons for going to market is to raise funds when needed, if you don't think it's a good idea bail out and take the losses,did you think you would invest in a small mining Company without dilution? You pay your money and take the chance
this'll now drift to make the fundraising a tad more attractive at a lower price??
Think when I first invested here there was something like 100 million shares in circulation. After this latest fundraiser it'll be close to 1 billion. Don't ya just luv it when some clown suggests that they don't mind a dilution??? Must selfishly be a recent investor at less than 4p and not one who has held for 10 years at over 15p.
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