Does anyone have any news of intention about this company? Is there any sign of production on the horizon? What made it such a great hope at 18p? And what would have to occur to ever make this fly again?
I'm a newby to investments and wondering about this company? There's not much interest on this forum and I see that they were flying at 18p for a very short time a couple of years or so ago. What happened then and why does this seem a dead duck now? Is the only mine worth investing in, one that's in production? All I can see here are years of exploration with potential for the future. Please can anyone explain what would have to happen with the "potential" of a company like this to make it fly? Am curious to see a company just sitting here like this.
+ve movement. I'm new to this share, it popped up on one of my charts that it was moving into positive territory. Clearly not much love from the amount of traffic on this BB but perhaps they're the best shares to be in ;0)
Landore Resources said drilling had re-commenced on the western section of its Scorpion Zone in Eastern Canada, where it is targeting a "massive sulphide mineralisation" below and to the west of the existing deposit. It said two completed drill-holes had successfully intersected significant mineralization. Assays are pending. Shares were up 2% on the news............
DRILLING, GEOPHYSICS SURVEY IN PROGRESS THE SCORPION ZONE JUNIOR LAKE NICKEL-COPPER-COBALT-PGEs PROJECT
· Drilling has re-commenced on the western section of the Scorpion Zone (B4-7 Deposit + B4-8 prospect), targeting potential B4-7 style massive sulphide mineralization below and to the west of the existing deposit. The first two completed drill-holes on line 50W have successfully intersected significant mineralization. Assays are pending.
· A deep penetrating 'Direct Current Induced Polarization' (DCIP) and Magnetotellurics (MT) survey is in progress on the Scorpion Zone to investigate below the known mineralization of the B4-7 Deposit, as well as targeting potential mineralisation to the west. A high quality three-dimensional geophysical model will be created from this survey which will outline potential targets up to 1,000+ metres depth.
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