Member Info for lptuf93

Decent holding. Looking like you'll have an op shortly in the 5s no doubt.

It's been a great couple of months. JORC should land in a couple of weeks. How high can we go? who knows. Could be due for other news such as increased land holding, review of geophysics/anomalous readings in light of new discoveries (L. South) etc. From a trading point of view, herd nowhere to be seen so we've not really seen high/heavy volume come into the fold yet. That could be a serious catalyst for the share price at some point.

At the very least, we should be in for an exciting and very good October.

and now we enter the 4s

Yep, volumes getting better. JK JORC hopefully by the end of October. Be great to continue building on the past 4 weeks momentum.

Not going NT for me so may have to call up your broker but I was getting full ask even for small amounts (25/50k clips). Looking forward to the next few weeks here

Fantastic update. Really detailed. Hope we here back on JORC shortly but also some of those recent geophysical surveys. No doubt planning for next campaign is well underway.

Big trades clearing ask. Just means it will be easier to tick up on small/infrequent volume. All looking like a glorious few weeks here as long as market doesn't completely dive.

250k clip taken at 3.7 early doors. Could it be the Ice-man? Still moving well albeit on low volume. Long may it continue into assays then JORC. Who knows, we may get a surprise about land packages being increased. Hoping for detailed releases where possible.

Does look like recent Pure-Ice dealing cleared any left over stock. Moving very freely (albeit very low volume). Bodes well moving into 1m assay results. My hope is that will push us through 3.6p and eventually close in on challenging 4.8p which was a stumbling block when original Loflin JORC was announced.

As a follow up, the geophysics flown by Revolution over JKL back in 2011/12 (slide 17): https://www.slideshare.net/RevolutionRC/revolution-resources-corporate-presentation-99
You can see distinct anomalies south of current JK holes which has a bigger footprint than what's been drilled. My hope is the VTEM survey from last year, which should be more precise, showed a similar magnetic response.

Large geophysics anomaly to the south-east of Loflin has been confirmed by recent drilling (Loflin S.). Furthermore, Orford mining soil anomaly shows huge sections on the Loflin license in particular where they've got elevated gold readings: https://orfordmining.com/wp-content/uploads/2017/11/Orford-Mining-Investor-Presentation-november_2017-Nov-24-2017.pdf (slide 20). Obviously a large section of this is where Loflin South was discovered and I'm hoping the VTEM has shown other areas that could be followed in a subsequent campaign.

Would be great to see the VTEM survey to get an idea of what we might have on our licenses.

No this is separate to Homestead which is dead east from JK and north north east of Loflin. Soil anomaly is in the centre portion of current JK license, extending beyond the area that has currently been drilled. Go further southwest in the current license and there's a geophysics anomaly which is a similar size to current drilled out section. If this has been confirmed by last years geophysics, got to be a target for phase 2 drilling. Could honestly be looking at a size similar to current JK known holes. JK could easily become a 200kOz resource on its own after phase 2 drilling.

Agree. I think potentially get a JK JORC by the end of October. What I'm also interested in is phase 2 JK drilling. There is a huge gold soil anomaly to the south west - same size as the anomaly where all the JK drilling happened. Orford collated all the work before they Lexington picked up the licenses. My thinking is, if the geo we flew last year helped us discover the new Loflin South satellite deposits, potentially the soil anomaly to the south west of JK has highlighted a similar geophysics anomaly which has now been materially derisked by Loflin South discovery.

All to play for but need the company to help us with detailed news release. Got to give prospective shareholders a reason to get involved and stay with the co.

Could really do with a drilling update. Why is site prep taking so long?

Sure hope we hear back from JK 1m re-splits next week. Took 2months from last Loflin holes to hear back on re-splits and coming up to that now with JK holes reporting early/mid July. Markets haven't been great but hopefully we can keep up the recent positive momentum.

I've been extremely critical of Lex over the last 6 months as they've not been delivering. However these last few weeks, they've been a lot better. Importantly, with Pure Ice taking their stake to 21.45%, I imagine we'll be in for a good period of appreciation (as long as markets stay somewhat stable). They don't own over 55million shares for no reason & they wouldn't be increasing their stake by ~3m if they didn't have a "good feeling" about this one. These guys are in the know. Definitely feeling more confident about my investment leading upto to autumn.

Remember last March/April Pure Ice increasing their stake twice from 15% to 17.6% before we went on our run to 6p. Not the same conditions but now they're at 21.45% and we're close to hearing back on high-impact newsflow...

Will be interesting to see if day to day volume will slowly increase as there has been very limited liquidity in this one over the past 12 months. Be very surprised if we don't see a move into the 4s based on what's coming up...

Now that sell has been cleared, hopefully share can start moving. No doubt WH will bring in respectable clientele to the share register.

It will shape your investment, JDF7. Success in exploratory drilling is hitting the commodity you're after in 1 out of 20 cores. We're hitting gold in every hole. Hence, I have absolutely no doubt we'll continue having success. Share price may not always react to success from the drill bit - but that's out of managements control for various reasons. As long as they continue performing (hitting gold), which is all they can do, I have absolute faith that value will align.

Hoping we see the drill bit turning by the end of next week. Will be good to get to see some new, deeper core pics in September. No doubt we'll continue to have success considering our geo team & targets.