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Hope springs eternal. And I hope U R right.... Its time us long suffering Lexaholics had a serious drink!!!!
Looks like we could break 7p today
Really exciting time for shareholders. Big things coming
Looking great here. Look forward to the company detailing their exploration campaign as well as word on a transformative acquisition.
I suppose the gold price holding up at about $2000 must be giving us a tailwind. This is nosebleed territory for LEX, surely?
Thats 6p well and truly broken and the daily rises are continuing
All is forgiven Genius, I should have accepted your username as enough as this person knows what there talking about when they speak.
Who cares where you're source is from, so long as you're right.
Looks like next buy it ticks up
Top shelf Sainsbury's, specs
Where do you get your insider info Paris? I need more....
Yeah it's nailed on Genius, Barrick are about to buy us out.
Dear oh dear unless your prepared to name your source why bother.
Mines HP by the way.
Enjoy your weekend folks
Deal or no deal, there be some sellers in them thar 'ills today...
Hope springs eternal, especially in this sector!! I would only say that in one of the RNS last year, CEO mentioned that they had been approached by parties anonymous to join forces. But its never done till its done!!! As they say. But holding up nicely, have to admit...
There have been some rumours circling of a big deal that’ll transform LEX imminently. The price action suggests this. Hold onto your hats as could be trading 10p+ in a flash if so
Looking like something is up… I hope the buyer who paid 5.9 for a quarter knows what he is doing
This is starting to heat up
About time
Let's whoost :)
5.6p now on offer and its still NT to buy
Could whoost over 6p shortly
Looks to be stirring.
“…Well chosen gold miners can offer premium returns above the gold price and a more rapid appreciation than the product they sell. Investors looking for value might look beyond the mining majors to small gold miners…”
Below we pick out a 14 small cap gold miners worth watching :
#CHF #ECR #EEE #GRL #GGP #GUN #LND #LEX #OMI #PALM #POW #SRB #SHG #THX
https://total-market-solutions.com/2023/04/is-the-gold-rally-here-to-stay-14-small-cap-gold-miners-worth-watching/
I believe the news today is very positive and surprised but not surprised that activity has been poor today. With the new tax year tomorrow , the capital gains tax changes and Isa’s being refinanced watch it fly up.
Great news again from Lex…. I wonder what price physical Gold has to get to before the market takes a closer look at the junior gold miners?
Some moderate/heavy buying going on which is good to see. Hoping that the release of results from sampling at Jennings Pioneer and others is close.
Looks like someone is loading up in lots of 100k... over a million bought in the last hour or so. Long may it continue
That 19,016 buy this morning is mine :) Just wish i had more
Well well!! I had no idea my writing of earlier today was going to be as prescient!! So the Chairman has lent the company $150K, unsecured, at 5% for a year. Never mind the "Gnomes of Bangkok", they stepped up late last year with cash, now we've got none other than the Chairman, Ed Nealon, coming to the party. They are taking the cash to :
"evaluate potential additional new gold projects/opportunities both in the Carolinas and in other well-known, global gold producing jurisdictions.
· The Loan Facility serves to avoid equity dilution for existing shareholders at the current time"
Now if that doesn't sound like bridging finance to you all, then I'm a Frenchman!! This looks to me like a pretty monstrous hint that they've found a deal, either to be acquired, or to acquire something pretty soon. Rather than raise capital when they are so close to the finishing line, they're best off to borrow the money from major shareholders/management. Its a bit like sticking a billboard outside the office telling the world what's going on!!
Its also worth pointing out that Ed Nealon is the self same person who, 20 years or so ago, led the charge when Aquarius Platinum went from a $10mn junior to a $4bn market cap stock in 5 years. He was also involved with Sylvania Platinum as I recall in the early days. He is a player. If he is prepared to lend money to LEX unsecured, he must have very good reason to believe that he will get every last cent of his hard earned cash back, and a nice kicker to boot!!
Bring it on LEX!! Intriguing!! As I have been known to say to friends, "A nod's as good as a wink to a blind donkey"!