Member Info for madsktpan

what few folks seem to remain here. But to explain myself for one time only:-

If you read back my posts on here and elsewhere you will see a fairly even mix of positive & critical comments from me.
Especially in the early days when 2 particular posters who knew Prickett & Humps used to post frequently and shoot me down in flames on every occasion. One was a freelance financial journalist with Proactive. Sadly both individuals are no longer alive.

My beef I guess is probably NOT about ramping or rampers. But those who never post anything but the positive. Pick & mix to make everything look as if this is the best stock to invest in EVER. The reality has been very different when you look back to 2006 until 2014 period. Endless bullish statements & interviews from the Company none of which ever materialised. Most who invested from Day One are sat on over a 95% paper loss after near 15 years. My biggest regret is not taking my own advise and getting out when the price was 17-20p. But the ramping was so intense at the time and Humps was buying on the open market led me to be confused. I console myself that the upside here would appear significant if only because the sp currently is on the floor. So, I remain ever hopeful. But hardly doing the highland fling with excitement. Seems to me they are relying more & more on outside consultancy help. Humps is the brains but I wonder how much he contributes these days given his age at near 80. Prickett is a dodgy accountant with little knowledge of the industry. Tuomi is the rep from the coal face.

More than happy to be proven entirely wrong!!!

You could be right CP. Who knows for sure?
I guess I was going more by typical/historical LND cash burn.
As you know, they raised well over £3m in 3/18 but as you say that was down to cash reserves of 486k just over a year later.

UR - you should know by now not to take my comments too personally. They are often only tongue in cheek or through frustration after near 15 years invested here. Although I often post on here, I really don't take the BB seriously. More look in out of habit.

Agree RD. Quoting from a RNS is never a ramp.
But maybe repeating it in 2 posts on same day might be (??). As if coming from 2 sources.
Maybe I'm a tad tetchy about these BBs.
My nick is a combo of 2 posters who for many years used to go to all the AGMs that Pricket & Humps presided over (albeit with PGD) and they endlessly ramped 100s of posts on various BBs which ended up misleading many on the pretence they had the 'ear' of the dynamic duo. They are of course nowhere to be seen these days. Probably too embarrassed to post given all the ramping ***** they used to spout. And how many have lost their shirts in the process.

So, why not just say as stated by BH in the RNS today???????
Why mention Proactive??????
It was a repeat from your previous post too. Just didn't see the need for the ramp.

Hi CP52

Given the level of recent activity I suspect the exploration costs and other expenditure wouldn't be too different from what it was for 6 month period the previous year ie £1.2 million. Doesn't leave much left in the kitty.
But I agree 100% that this RNS has been so constructed solely for others.

UR - pay no attention to Proactive. They have been issuing bullish articles on LND for near 15 years on a regular basis. Lost count on how many. Must be over 30.

a 500k buyer still about. Good to see. Hopefully it's a single source "in the know".

Never known them to publish such a lengthy & detailed RNS.
I guess it offers further technical backup to what they have been maintaining previously.
Let's hope there's substantive meetings organised to discuss with interested parties when they are in Canada later on this week.
Current cash flow/working capital tank must be near empty.

we are starting to see the signs............ seemingly a 500k buyer been about for a couple of weeks........... MMs have today reduced the published spread to a level not seen for a loooooong time here. Tight spread USUALLY a positive sign.

A suspension is almost guaranteed IF/WHEN they ever receive a formal offer.

Will a suspension ever happen? I have absolutely no idea. But I live in hope.

All I'm saying is don't expect the promised Q4 Landore RNS to be issued over the 2 days when they are in flight to/from Toronto or on the day they are tied up holding a Lamaune AGM.

All I'm saying is to publish any material info to a shareholder base that exists mainly from the London Exchange when they are both out of the country in Canada and therefore not best placed to be in a position to deal with financial journalists (always been historically London based with LND) and/or major shareholders......... doesn't make sense to me.

And also not whilst they are spending 2 days round trip making lengthy travel before & after seemingly meaningless AGM.

The ONLY time what you are saying would make sense to make announcements on the day of the AGM in Canada is IF they actually wanted to be difficult to make contact with. A suspension perhaps????

Hi UR
I'd be surprised if they issued any RNS via AIM when they were actually in Canada for a meaningless Lamaune AGM. That would seem slightly silly & not the best timing to me.
I was thinking more along the lines that as they are both planning to be in Canada (1st time ever together??) and I'm HOPING that is signalling the possibility that they are in Canada for something FAR more exciting than a Lamaune AGM.

I guess what I'm really hoping for is we get evidence that they are now entering into the end game.

I still think it beggars belief that they're making a 2 day round trip next week for a 5 minute rubber stamp exercise.

Watch this space.

price being manipulated for the umpteenth time downwards to facilitate another fundraiser???

Same old, same old.

Nay worries pal.
My after thought = on the face of it from the paperwork the meeting appears a non-event. Routine exercise.
HOWEVER why do Prickett & Humphries have to make the fairly lengthy (& expensive) trek all the way to Canada for a 5 minute rubber stamp exercise (especially from memory Lamaune's previous AGMs have been held in London where of course Prickett is based). ?????????

I always got the impression Prickett had never been in person to Ontario.

UR - I'm referring to Lamaune not Landore.
I haven't checked but I'm assuming the AGM dates you quote are for Landore not Lamaune.

Just received through letter box Notice for AGM on 12th of next month.
Might just be mere formality/routine to simply re-appoint the 3 Landore directors.
BUT the timing seems a tad odd (odd as in being 'interesting') as the accounts were audited way back in April. And I don't think there's been an AGM for over 2 years (but could be wrong on that).
And meeting is being held in Canada (think for 1st time).
Mmmmm

Some folks get confused with reasonable critical analysis and/or voicing concern over historic poor actual management performance - meaning you ain't positive, at least overall taking account of the many pros & cons with your investment.

IMHO there's nowt more irritating on these BBs than 100% ramping positivity ignoring ALL the real pitfalls especially when investing in AIM stock.

is seriously off radar & unloved.
But I still have a feeling in me waters that one morning at 7am there will be a RNS published to say the stock has been suspended from trading. Pending due diligence process regarding an offer tabled.

Aye Dave....... logically you'd think NOW it'd legally be a tad complicated (though not impossible) to do a JV. What with some leases being with Lamaune & it not being 100% owned. An outright sale looks to me to most likely now. Mind you, always did believe that was their strategy.

Ref UR's question. Any material info or corporate action that could reasonably be viewed to have an impact on the sp would HAVE to be declared when immediately known under AIM rules & regs. Most folks wouldn't be able to determine the meaning of assay results let alone what impact they'd have on the sp. So, no need to go to the trouble & expense of issuing a RNS in this instance. Does beg the question though why they don't just post similar (non RNS) stuff on the Co website.

"The combined Landore and Lamaune Mining Leases............ (now).......... encompassing ALL of Landore's established mineral deposits and prospects."