Member Info for rosetintedspecs

Wouldn't surprise me 2 cents, but there's always Greenwood and Doris. I know I've been topping up ahead of maybe 2 potential reserve announcements. Frankly madness not to.. Don't 4get they've got that David Burton fm Total Market solutions working with them too. Look him up, ex Barclays trader etc... He'll be in touch with tons of punters who know how to quietly accumulate a stock. Just like weve got 4 or 5 pote tial prospects, we've got more than one big player and more, I'm sure, about to arrive..

Let's watch out for news on reserves and drilling. Shame about the summer quiet period.. Good stuff can wash over the heads of players, but in the end, you can't keep a good stock down forever. Patience is always rewarded!!!

Another wonderful RNS. I reckon everyone's hungover after the game, but why this isn't trading at 10p I have no idea... They've just proved a probable extension to an area that was already mined and produced at 10g/tonne. What's not to like?

I'm sticking and adding.... Patience is always rewarded. We're now just waiting for reserve announcements and drilling program commencements. More excitement, not sure I can handle it...

Well well, we're owed a report I assume pretty soon about the geophysics, trenching, soil and rock chip samples at Carolina Belle.. Really looking forward to this as the historic grades here were thought the roof at 10g/tonne when it was mined in the early 20th century.

The market still doesn't seem to have fully realised that this is a MULTI ASSET PLAY. LEX is not a one horse trick. We've even got places like JKL that are two tricks in one. Which reminds me, the last RNS hinted that there was sampling going on at the JK side of JKL as well.. We should hearing lots of interesting stuff over the summer, keep your ears peeled, the news flow is going to be like an avalanche, drilling programs, grades, assays, who knows, what else. Oh yes, and maiden resources announcements too!!! Can't wait.

So they have another 160 acres of land to chew into at Loflin, and, if my memory serves me rightly, there is around 300 acres more at JK, so unless the geophysics indialcates that there's a massive anomaly outside what LEX has already, I'd say they've got more than enough to be chewing into. Also worth noting that they acquired the 125 acres at Loflin on the quiet without announcing they were looking, smart smart smart. These guys have the street smarts... This JKL property is shaping up quite nicely all you Lexiteers, it's got mini Haile Mary written all over it with the possibility of it turning into a full blown Haile. Keep saying your Haile Marys'.

And time to get a little excited about Carolina Belle.. 'nuff said. The smart money would buying the sh** out of this...

They haven't even started drilling on ANY of the 125 or so acres they just got mineral rights for. The formation they have is only 130 x 400 yards so far ar Loflin, I read somewhere in the pathfinder I think, that's only 12.5 acres. So I'm not worried about extra land when we already have another 160 or so acres in hand to chew into at Loflin.

Exciting to say the least though I'm surprised the market is as quiet as it is.. But this is beginning to stack up quite nicely. They'll announce a reserve having drilled only 12.5 acres of structure... Another 160 to go. I like it... And the podcast hinted today there may be a reserve at Jones Keystone just to the North East..

From the podcast, it looks like we'll get 2 maiden resources, the second at Jones Keystone. Better than I expected. Plus trenching/rock chip/soil samples results at Carolina belle. We're in for a ball.

And Mr Olivier confirms they have enough cash for the new drilling program, and also they are looking for a much cheaper RC Drilling rig. Drilling to start this quarter. What's not to like? Eat yer hearts out sellers...

Yes, drilling Carolina Belle will be very interesting. Huge anomaly, (take a look at the pathfinder) and historic grades of 10g/tonne by all accounts. No modern techniques have ever been applied there since mining was abandoned during WW1 amid a dispute between 2 rival mines next door 2 each other. Apparently they used to take pot shots at each other. Well it is the States.

As to the suitable rig conundrum, it is possible that what they may refer to is diamond drilling vs reverse circulation drilling (RC) . Diamond is at least 2X as expensive as RC. Thing is, although RC technology was invented in the USA, there are very few RC rigs there. Assuming we have a cost conscious management in place with a fixed budget, maybe they are trying to source an RC rig with a view to getting more bang for the budget. This would mean a drilling program twice as large for the same money as you would have with a diamond drill program.. and more and bigger potential reserves. I like that.

No doubt there will be an announcement soon once the program has been finalised. Interesting to note that RC Drilling rig result assays are just as usable for reserve estimates as diamond drilling results. Bring it on guys.

20 20 hindsight is a very strong tool Javier, the problem is that in practice, the reality has always run ahead of you!! However, your decision to hang on will be richly rewarded in future after the next drilling program and the forthcoming reserve announcements.

I wouldn't trust any formal qualification as a recommendation of honesty. Just look at the legal profession in the United States.... Nevertheless we all should have enquiring minds, if you don't ask the questions, you're less likely to get the answers. Good to see you're still on board Mr. Long. Excellent name for an investor!!! Stay long LEX. Tons more long miles to come I'm sure..

They didn't. Olivier was CEO in tanzanite 1 days. They discovered the tanzanite and were selling tons of it. The Tanzanian government the decided to effectively exopropriate the mine. Game over. Check your facts. Olivier has a great record in gold too. He's a highly professional geologist with a PhD and a great track record.

Just bought 300k. This is truly ridiculous... I can't believe I have the chance to fill up some more under 4p. Unreal. Fill yer boots all. Join us

Looks, like we're on a roll here all. Loads of look out for her which will keep the speculative interest alive. 1. Soil samples at Carolina Belle. 2. Trenching at same, 3. Rock samples at same. 4. Reserve estimate at Loflin... 5. Drilling program at Loflin, 6. Drilling program at Jones Keystone. 7. Drilling program at Carolina Belle. 8. In due course more details about the geophysical stuff and what anomalies have been thrown up.

This is enough to keep us announcement full for the next 6 months, and the punters on tenterhooks, not to mention the MMs. Bring it on.

And yes, there will still be plenty of cash out there. There was enough for a 2 year program which only really got going in March. Management will want to see the stock price move up b4 doing another placement.. Patience.. Not panic.

That's what's going on here. I would be expecting another announcement soon. The RNS said as much certainly with regard announcement of a reserve.. Yes, there is all that geophysics work that's been done. Drill program No. 2 as well. Lots to look forward to. And yes, it's bloody cheap down here too..

So we're open in all directions, North, South, East and west, and at depth, we've hit gold on every hole. Indications of another new layer of gold at depth, look at hole 044 for instance at 98 to 99m where the hole ended. They are entering this into a model with a view towards announcing a maiden reserve... Hmm. What's not to like... And given we are open on so many directions, there is much more to add to this resource... Hopefully there will be a podcast soon and we will hear Mr Olivier wax lyrical a out what we have found. I'm a happy bunny, I ain't selling a share.. Maybe picking a few up.. Onwards and upwards happy LEX followers..

Under the radar? More like a nuclear submarine. Its so obvious what's going on with this thing. Major shareholders continue to pick it up.. I wonder what they know that we don't yet? All will be revealed, may be in the next set of drilling results, but I reckon the work they do after the drilling to calculate a maiden reserve and announce it is what will set this thing alight... As the old saying goes, buy while stocks last!!!!?? I still am. Its good value still here at 13mn quid mkt cap. We've still got Jones Keystone, Carolina Belle and Jennings Pioneer to get moving yet... That's a hell of a lot of potential good news.

Maybe the MMs were or are short... Its not unknown. They would try to keep the price down. My broker told me a few days ago he was bid for stock.

5 x 1mn share trades. Smell TR1 time.. Loads of 500k and 250k trades too. Encouraging volume on a consolidation day.. Getting ready 4 the next move up. Another announcement coming soon... New drilling program to start soon.. 4 prospects.. Hmm.. What's not to like?

We're on the same page Mr. Nibbles!!!

Also worth looking at the pathfinder historic results on Loflin. Intervals woth gold of up to 74m with grades of 1.12, or 70m at 1.1g/tonne, bigger than what we have now, but we are doing infill, and this proves more potential reserves. Never mind the fact that we are OPEN to the North, West and south and have another 125 acres of mineral rights newly acquired to chew onto. I'm excited. If the market doesn't get it... Buy the stock while it's still too cheap!!!