Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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This raise, then warrant money, perhaps more non core asset sales, GT1 and Storm money, perhaps future raises at a more acceptable price if they can get it moving.
Personally I think they're being extremely cagey about the amount of drilling/growing the project they actually plan on doing here.
They'll be drilling for a few years and looking to double it I suspect. Go big or go home is the only strategy that makes any sense.
Someone is buying a fair chunk today....which is interesting, if there is a funding round coming
Couldn't agree more JDT, this has been walked down all year to let people in cheaply.
The only question is when the handbrake is coming off.
Sadly I will not be a beneficiary as I'm still scuba diving.
Let your pals in at silly prices….7.6p was well below the market rate and especially for options where you expect a director to be incentivised. Then you look at the price action, dropped to the option value last few session, leaky or what????!!!
The only way we are going to see a change in the downward trend is for a series of RNS providing good news. The share price is just finding its way lower knowing there is a raise on the way.
Looks like another bad management who don't care about shareholders or share price.
“…BAM is the key project. It’s essential to us to move that project forward. It’s the one with the best resource, the largest resource, the most potential for expansion as well. BAM is the priority…”
https://total-market-solutions.com/2023/10/landore-resources-ltd-october-2023/
Sorry to hear you're in a submarine hunterguitar. Hopefully it isn't like that one that went down to see the Titanic and imploded!
In all seriousness, what could cause that? As you point out, lots of good stuff has happened or is happening.
If they failed to turn up any more gold they'd be in serious trouble, but otherwise? It's been two years since they were doing useful drilling at BAM and they didn't seem to have problems hitting it.
They've just got to get back on with it.
Price of gold up today. Canada listing imminent. Drilling for 2m ounces in next few months.
Director buying 500k shares on the open market. New dynamic CEO. Improved communications. Non core assets for sale.
What can possibly go wrong ? I don't need scuba gear I need a submarine!
I thought that for Pure Gold, as Sprott was heavily involved and that went belly up. Lost a lot through that one and that was touted as Canada's next tier 1 gold mine I believe.
This one is disappearing up its own back side
You'd like to think that the major shareholder by some distance (Sprott) would have something to say if the management were trashing the share price.
A purchase in June and another in October, from one director, doesn't seem like a coordinated effort by management to trash the share price.
But Glen presumably sees upside from these levels, so that is encouraging for us shareholders who are often in the dark as to what is going on with LND.
Call me cynical if you like, but I did wonder if management ran this into the ground deliberately in order to average down and/or buy in at dirt cheap levels before running it back up.
I can’t really see Glen ‘wasting’ £40k+ on buying more shares unless he can see light at the end of what has been a depressing tunnel latterly ?
Alamos gold CEO saying that producers now look at projects for YEARS on the run up to acquiring them.
Don't we know it.
Given that Alamos own one of the mines on the presentation map of 'who's already mining gold in Ontario' it's well worth a watch.
Looks like Claude has been brought in to do the final, detailed and specific geological work required in order to de-risk Bam and meet this kind of CEO's requirements.
https://www.youtube.com/watch?v=_zrqOm2zz5g
Best to keep the scuba gear on
Almost 10% down on two tiny sales because an already well expected raise is effectively announced?
AIM criminality at its finest.
Lithium is a common element with too much excitement around it. This was a good move IMO.
If Claude keeps adding little steps together some of us might be able to take our scuba gear off and switch to just using a snorkel soon.
Could this finally be the start of a plan starting to come together?
Am slightly surprised they never refer to this being a REsubmission. As LND did originally trade on TSX before transferring to AIM.
Do hope they keep the dual listing with AIM. But somehow I doubt it given another 6 months.
Can someone tell me what we mining I haven’t checked in and do for two years
What a waste of an RNS
Also liking the new catchphrase, we rock gold!