Member Info for OreExplorer

The Lassonde Curve has a far higher hit rate than most impatient, short-term driven investors seem willing to admit.

I've seen this pattern play out many times. The market gets frustrated during the waiting period, sentiment fades, price action weakens, and people start focusing on daily candles instead of the actual timeline.

Meanwhile, the underlying risk can be steadily decreasing in the background.

We are now roughly 7 months away. Could we see a few more months of weak or sideways price action? Absolutely. But medium to long term, this remains a very favourable risk/reward setup in my view.

The key is understanding where we are in the development cycle rather than reacting emotionally to short-term volatility.

Look at the timeline, not the share price, and you'll probably be fine.

Turned out the Chinese were manipulating the stock to later acquire it on the cheap.

The price action made no sense, until much later.

Same story here.

we're trading like a second rate exploration **** co.

not at all with a company going to double production in just 12 months, and already today printing cash!

wtf!!!

That nobody knows about this story. We're trading on a tiny exchange, and most investors are focusing on Canada and US.

Volume is tiny. One owner can't sell without affecting the price like we're seeing today.

Even when gold is up over 100 USD, the reaction is muted, or even negative.

And a lot of global investors can't even invest in the story even if they wanted to. Not that many offer AIM stocks.

So, perhaps they should list in Canada? This market is doing it no good.

They made a ridiculous low-ball offer for 26 and upped it by 2 (!!!) p, just for it to be accepted.

Why not keep rejecting at least until we hit the mid 30's. That's clearly where the stock market was, and accepting anything below in this historical bull market is just dumb.

The CEO and the board has not created any real value, because we traded way higher when the price of gold and copper was far below. Additionally, we've had stunning drill results.

Still, another actor may come in. If you can get it at this kind of level, why not make a cheeky bid for 30 p?

Fair enough. We're in a booming market. The majors are printing cash but doing nothing. Are they really going to let this opportunity slip away for 28p?

Newmont are desperate to add quality ounces. 32m oz of gold is not enough for them?

Someone should make a counter offer. 28 p is just ridiculous.

Now at 30 p it's suddenly really hot stuff.

The offer will attract the big boys. An asset like this deserves a bidding war.

AI doesn't take into account the change in gold price and the effect that it has on the NPV.

But still useful in that it shows how great our margin of safety is.

We're priced like a company with 12 months left, even though production is set to jump 100%+ next year. That's a growth curve wearing a collapse valuation.

When the market wakes up, it won't be gentle.

It'll be a face-melting re-rate.

This is the opportunity.

Does it really matter if we trend lower right now? The only thing that actually matters is that the company is printing money - roughly half a million USD per day. If the fundamentals are this strong, why stress about a bit more downside?

If anything, getting more time to add at cheaper levels should be seen as an opportunity, not a problem.

If gold stay at those elevated levels, the net profit from Run Runo could be up to USD 300 m.

Even if the remaining value is 200m, you're just paying peanuts for the remaining assets, including La India.

Yes, this stock is very undervalued indeed.

We're making about half a million USD per day at unhedged prices. Massive.

Drilling has been conducted, but no new discoveries or grades have been publicly revealed.

Hey all,

I’ve been following the La India project and noticed they’ve mentioned the resource could potentially expand up to 5 million ounces. Does anyone have any insights from recent drilling? Any news or data to back this up yet? If not, when might we expect updates?

Would love to hear what others are thinking!