Member Info for rosetintedspecs

The charts are really looking interesting on this stock, we have a huge descending wedge formed from last year's 6.5 High, and more recently a flag... We shd be getting some assay results anytime now, if we break on the upside, the charts will look fab. And with lots of assays to come, this is looking like a potential multi bagger...

I'm hanging in and adding around here. But it's so thinly traded. Really difficult to get quantity.. At the right price!! Every picture tells a story.. Watch for a close above 3.5 on decent volume to confirm upside potential.

It was carnage on AIM yesterday and today. My broker told, me that a big fund jist sold all the AIM stocks they had. Agree though that liquidity is, limited.. But that can work on the upside too when the good, news comes out... As it will, hopefully soon.. SGS Vancouver should be done over. Bloody hopeless..

Interesting Iptuf. About homestead anomaly.. However, given that they've bought the rights to tons of land in JKL, one can only assume that they've got tons of targets as the mentioned last year.. As per previous announcements concerning anomalies.. This really just goes to prove how interesting the area is that we are involved in. We don't know for sure if they have the rights to Homestead..

Wish these SGS guys in Vancouver would get their act together. They're taking a painfully long time to do our bloody assays!! Never mind. The Gnomes are still in and adding. Patience is a virtue as they say. Hang in there y'all. It's happening.

You are making a very impirtant point here.. After the capital raising in 2020 the "Gnomes of Bangkok" had 41% of the company (assuming that Pure Ice is a gnome, which we can't be 100% sure about). Now they have over 48%. They've all added to their positions which is very positive and have not sold a single share..

These are VERY supportive long term shareholders who are not looking for a quick buck. If they weren't selling at 6p last June, I doubt they will be at that level this month or next.

Another point to mention is that if the Gnomes have 48%, and we know that management, directors and ex management have another say 20% between them, this really does indicate that LEX is VERY tightly held. If it gets on a tear, who knows where the price will go to from here. Not much stock came out going up to 6p last year, I doubt much will come out this year.

As they say in some parts, onwards and upwards.... May the party begin. And yes, I loaded up with plenty below 3.2. No brainer...

Well Mr Long, hopefully bibi forever to sub 3p. As to why, well all the stuff we've been talking about for the last three months, drilling, assays, reserve increases at Loflin, maiden reserves at Jones Keystone, (not to mention 10g/tonne grades at Carolina Belle) which no doubt have been delayed by Covid!! I'm sure half the staff at the assay house have reported sick, but never mind, looks like we're coming out of Purdah...

Keep your buying boots on though. All those RNSs have been very subtly positive over the last few months. Expect a lot more movement as the drilling results become imminent.. Strap in. Should be a fun ride...

Yes agreed. This is all good news.. Especially the lease extension and the discovery of sulphides outside the known resource. I think that we're lucky they aren't announcing any results over the holidays. They would just be lost in the miasma of low volumes and alcoholic stupor!!!

Let the good news commence in the New Year... 10p here we come.. We're on our way, surprised to see it off today on 2000 odd shares. MMs must be skittish..

Take a look at junior miners anywhere and it's not a pretty story. Drip drip drip sells all the way. You're right on all counts though Iptu. This stock didn't move even when they announced a maiden JORC compliant reserve..

Reading between the lines though, now they've moved up to Loflin (the drillers), my guess is that they'll be drilling where they got more mineral rights earlier this year. They've said they found a couple of anomalies close to the known structure. So they'll be in filling at Loflin me reckons and checking to see if the anomalies/new mineral rights form part of the same structure.

Exciting times I have to say. The stock is an absolute bargain at these levels. Carolina Belle results coming up, increased reserves at Loflin, drilling new anomalies at Loflin, possible new reserve at Jones Keystone, and the stock's flat on its back. I'm buying, anybody care to join me in the feast? It's not going to be around here forever... Dare I say it? No brainer!!!!

Exactly iptu. And the grades at lex/Carolina Belle are way better historically than the pancontinental property. Also interesting to note that Greenwood 's share sale lock came off last week. No sign of any desperate selling. Looks like the gnomes of Bangkok are in for the long haul!! I still don't understand why this is trading where it is.. Shd be at least 6p before the announcement comes out... After that, depending on results, anyone's guess!!!

Our wish is granted. Pure ice at it again. Over 20% now. I wonder what they know that us mere mortals do not. All I can say is that unless they are barking, it must be pretty juicy!!!

At the risk of repeating myself, fill yer boots.

Today's rns doesn't sound like it's coming from a nervous company about to run out of cash... I agree that they will need to raise cash sometime next year, but the results of the drilling campaign will dictate at what level that issue can be completed at.

Let's keep our fingers crossed for the drilling program. We'll be fine I'm sure... All those yummy high quality rock chips and all the historic mining at 10g+/tonne. Good enough indicator for me.

Anybody who thinks they haven't got the cash to complete this drilling campaign is smoking some stuff that I would love to get hold of!! There was 2mn dollars cash on the balance sheet last June. I reckon this campaign all in will cost 750 to 800k including the assays.. Maybe next year would be the time to raise cash.. Also, Pure ice is still picking up the stock and I would guess will be more motivated to do so at these levels...

RC drilling is fast. I'm hoping to see some results b4 Xmas with a bit of luck. The speculation should start about the results in the not too distant future., probably with the next drilling update. They may tell us what they've seen so far... They won't wait till drilling has finished b4 an update. We'll, that is unless they are idiots.. Which they are not....

Fill yer boots....

I hope you're right. It's just not been confirmed yet... However, this is a mere detail. The big picture looks amazing!!!!

We're waiting for the announcement re drilling which is a bit late. Stock is holding up well. Loads of other junior miners that I follow are heavily underwater over the last couple of months. They say October isn't a really good month for stocks.

Ah well. We've got it all to look forward to.. and the January effect in addition to all the assay results that will be coming out in the run up to Xmas. Bring it on I say!! I've even been known to say "fill yer boots". Well do so all..

Really positive stuff. Drill rig in place this week, results likely to start flowing late November onwards.. Bring it on.

They have stated point blank that they will sell. 65k ounces is a peanut.. But it will expand at Loflin and expect a new reserve at Jones Keystone after this round of drilling. The next 3 months in the run up to Christmas will be really exciting. It starts to get interesting at 250 to 300k ounces.. That's potentially 30mn quids worth. The potential is there for much more than this.

We're on the same page. This is just the start of the journey, literally.. Its going to be getting lots bigger.. In multiple locations. We've had a breakout, now the consolidation and test of the old resistance as a support. Bring it on.. Cheap under 4.5.

I wish it did work this way too, but it doesn't . You forgot the cost of extraction and set up costs. However, as I mentioned earlier.. It really is the hope value that we are buying into. This is the first, small step into a much bigger eventual outcome. From multiple sites.. Watch, wait and see. The key is that the CEO says this first resource is pretty easily expandable. The anomalies are there, it is geologically open to the northeast and the southwest etc, and with JK to come too after this round of drilling...

This'll be a nice little earner...

You still have time Mr. Long!! But you seemed a month or so ago to be talking yourself out of investing when this was less than 4p a share.. Good hunting.. I think the hunt has just begun. Still lots of plump pickings out there to chew on.

So with a maiden resource we have broken LEX'S virginity. Hopefully we will see her getting used to these situations and welcoming them them. I think our CEO 's comment is very telling. "Loflin is, open to the northeast and southwest. There is significant potential to expand this resource" as a result of the current drilling program.

Not only this, he has had the temerity to point out that the same potential exists at the Jones Keystone site for a maiden reserve and that there are anomalies that the current drilling program will be investigating too.

And then we've got Carolina Belle which presumably is being drilled as we speak. The program commenced on the 20th but there is no conformation of the same yet. I would suggest that what we have seen today is the thin end of the wedge. The golden door is now firmly open and lots more reserves will hopefully be emerging from therein.

Hope you're all super long. The ride is just getting going.

Someone's picking up LEXY today. 790k shares traded in 1st 3hrs, all buys by the looks of it. Technically this thing will look fantastic if we see a break and close above 4.5p on decent volume. That day may well be today. We've got a reserve announcement in the wings too folks. Strap yourselves in, this looks like it is going to get interesting.