Lexington Gold Share Price (LEX)

Gold futures shot up sunday. I think people will look for stocks like this during the next few years. Patience here.

Next week?....should be the bottom at 3.70..imo

lets see

Was expecting this to break 4p this week, but no, it issues an RNS to drill in SA, then 2/3 days later SP drops. I sometimes wonder how this bloody market works. Still I’ve come in as a new investor (last Friday) at 3.87p and was encouraged by watching the TMT Solutions interviews. Patience needed, will top up if this drops below 3p, though his knows why it would do that. I assume no more 2.75p warrants on the horizon

New note from WH Ireland:

Lexington Gold (LEX) – Corporate – South African Drilling campaign expected to start in December Market Cap £14.7m Share Price 4p Today Lexington announces that it has signed a contract for a 2,000m+ drill programme to be completed at the Bothaville Project, in South Africa’s Witwatersrand. Drilling is expected to commence in mid-December. Drilling will target projections of the A-Reef, a regionally significant source of gold. Compared to other parts of the Witwatersrand, the A-Reef is relatively shallow at Bothaville making it a compelling drill target. Historical drilling at the project indicates that the A-Reef hosts gold in the area. WHI View: We are encouraged that Lexington is starting to test the potential of its portfolio in South Africa. Gold horizons in the Witwatersrand are renowned for their continuity, this, combined with the relatively shallow depth of the A-Reef at Bothaville make for an exciting target. We will monitor results as they are reported. We still see fair value at 15.3p/share.

Mental that this is still trading around 4p

Should be multiples higher and likely will be soon