Member Info for lptuf93

Silver lining - looks like the worst of the market conditions have passed (I hope) so good news should be lapped up by the market. Big news over the next few weeks will be:

-Loflin South assays (25m+ sulphides)
-Loflin extension holes/infill assay
-JK drilling update (99% chance of thick intercepts in infill atleast - I suspect atleast 1 interval of 30m+ sulphide intersection)

JK anomalies are the wild card but not sure how many holes if only drilling ~700m's worth. C. Belle assays I assume will be negligible (but not bad)

Results were meant to be in early March so there's a small chance of 2 RNS's this week. Market conditions are rubbish but we're in the endgame here

Jeez that 85k was sold way underbid. In uncertain times like these, if you're in the right space with operational news dropping don't sell as MMs will happily take for next to nothing. Fairly certain that was bought way over 3. Sigh...

Not long to go for initial Loflin South holes

Agree Josh, if you consider warrants as well as future dilution (placing, shares to NGM) for further drilling campaigns then M/C might increase say 10-15x but SP will only 4-5x for example. Still a great return for investors

1m @ 2.9p & 1.05m @ 2.89p. Decent positions being taken for upcoming newsflow.

Agree RE:derisking as we move up. Considering wider political landscape, might be prudent to bank some profits and take some off the table for a rainy day.

Excellent podcast by TMS. From first listen:

- Remaining C.Belle assays to be received by end of Feb (as RNSed) so will hear on those next week
- Loflin South intercepts sent to AAL should be received in early March so potentially have them back the following week after C.Belle assays in
- Multiple 25m+ intersections made on Loflin, Bernard seemed particularly impressed with Loflin South deposit with a significantly enhanced JORC to follow. This includes extensions to the current deposit so I'm guessing Loflin deposits alone will inc. to 100kOz Au.
- JK mobilising for 700m. Did not sound like they were going to drill more but if south west anomaly comes in (assume they're testing it on top of infill campaign) then we could see a few RC holes going in
- JK has 10,000m+ historic holes whilst Loflin only had 7,000m (inc. 600m DD campaign last year) so a better understanding of the system. JK mineralized as multiple sheets so unsure how that will affect JORC compared to Loflin which is more of a common orebody but I expect something similar to Loflin at the very least given historical intercepts (104m @ 1.27g/t from memory)
- Confirmed current campaign fully funded

A very professional and diligent team given what they've said and released.

Yes but I believe we should have an indirect uplift considering drilling we're doing and assays we've dropped/to come. One of my other companies MILA released a drilling update which was good so they've moved up but I think a lot of that uplift is related to gold going berserk and dragging everything related to it up. There's always indirect benefactors to commodities driving up.

Gold pushing $1970 and nothing to show for it here... One day this one will really catch a few folk out.

Maybe another quiet week to end Feb before assays in? Hoping March starts with a bang

Nothing new but good to get media going via Twitter. Expect to see lots more over the next few weeks. Maybe a few diamond cores in March prior to assays?

Gold looks to be close to breaking out, needs to finish above trendline on the monthly to confirm. Should help rebalance lots of producers and should have a knock on effect to explorers. Perfect timing with so much operational news close to hitting the RNS feed at LEX.

There was a 3 week interval between the first and second Loflin drill results from last spring, I'm hoping a similar scenario will mean we're due the next lot of C Belle results at the end of Feb or early March. Imagine first 7 Loflin holes drop shortly after and then the 2nd Loflin batch with some luck by the end of March. Wishful thinking we'll get JK assays by end of April? Maybe as they haven't started drilling there yet but what I do know is that we will get multiple batches of assays and drilling updates over the next 4-12weeks

Freudian slip

Good initial 11 out of 32 hoes. Looks like we're resting on the 200 DMA. Should hopefully receive the rest by the end of February and possibly the 7 Loflin holes from AAL by then too. Imagine we're due a drilling update shortly - assume rig has been fitted with replacement part and drilling is well underway on Loflin again. Confident we'll be in the 4s by the end of Feb.

Hopefully we'll see a move north over the next few sessions. Not much supply out there, struggling to get a live bid over 125k shares through II. 100k @ 3.37 but 120k @ 3.412p. Not long before the next leg up.

Last Spring we had an 8-working day delay from SGS. Something similar should mean we hopefully receive that first batch next week.

Trade at 2.2875p was mine. Will continue to take advantage of sub-IPO price

I would have thought they'd RNS drilling so erring on the side of caution. Maybe you're right and they already have...

I'd say min. 8weeks. Haven't restarted drilling yet so we're a fair bit of assays.