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Totally agree with that. I suspect once this recommences trading on the Toronto stock exchange in the next couple of months it will gather even more momentum.

This is flying - has more than doubled in last 2 weeks!

Https://youtu.be/a7-N-NbMwuI?si=liyWtYnpFOyaDF87

Very much agree with that. Confirmation that the mining licence application has been submitted and highlights from the Bara Consulting study that supports the application should do precisely that. Those news items will give further certainty that production will take place and details in relation to the practicalities, timescales and commercials. I’d expect such news to be conveyed within the next 6 weeks. This company is really so undervalued compared to other companies with a fraction of the assets and near term production possibilities.

They were my buys - not too sure why they are showing as delayed buys though

And we should hear more about that over the next couple of weeks

Great news and an important milestone achieved!

Any investor who listens to this interview should be excited in my view. Given the current market cap of the company and the near certainty that LEX will be entering into a mining operation with one of the 10 largest global gold producers with a 6moz JORC (of which LEX will have 49%) , this is due a significant re-rate! That’s not to mention LEX’s other projects, which also have huge potential - especially Kronstad which may have as much as 60mz of reserves - mind boggling - and for an AIM listed junior minor!

The numbers in the announcement are so small it’s bordering on irrelevant.

Great day here although no obvious reason for it. Having said that this is just the beginning. Once news starts to flow in the next 1-2 months then we’ll see further SP increases but the more significant increases in SP will occur when production commences sometime in Q3/Q4 🚀

Very happy to see the share price moving upwards but there has been as much volume today as my hair has.

The numbers here are amazing and the comparison by Mario with Rio2 seems a valid one. Once we see both Chile projects in production by Q4 (all things being well) the market cap should be between 5 and 10 times where it is now. If the company finds more resources which is eminently possible if not likely then who knows where this could end up. The amazing thing about this stock is that it is not a speculative investment case - from a risk/reward perspective it is a no brainer IMHO.

Agree, only those who are a) very impatient b) urgently need the cash or c) haven’t got a clue, will sell at this price. Having said that it’s amazing how such low volumes can make the price drop in the way it has.

Agreed very good news and the listing should take 8-12 weeks to complete as far as I understand it, so not very long in the grand scheme of things and may well coincide with some great news flow 🚀

I fancy that when shares recommence trading on the TSX-V we’ll see an uplift in the share price and then as the various steps are achieved to get the two Chilean mines into production by Q4 we’ll see more significant increases. As Mario mentioned the company will be broadly the size of Rio2 in terms of resources and annual production by this time next year and that is valued at 900MBP, so 11+ times the value of GAL at the current time. Bags of potential here.

Just viewed the webinar - the company is very confident this could be huge and in a relatively short space of time. Definitely has multi bag potential in next 12 months.

Whilst of course agreeing with tbcx that the number of deaths is awful the commercial reality is that this is highly unlikely to impact on the JV being granted a license to mine for the reasons that Sjh1 has outlined. I agree with Sjh1 that tbcx clearly has a deramping agenda as from an objective perspective LEX is clearly undervalued - that’s almost undeniable.

The recent interview with Mark Greenwood indicates this is ongoing and LEX will be undertaking some drilling up against the boundary of Gold One’s concession to (hopefully) confirm the continuation of gold deposits onto our property.

I find it incredible that there is such a positive development, yet the share price reduces. The market is totally bizarre at times!!

Tbcx, this is unhelpful scaremongering! Under the MPRDA provided that the mining application is submitted while the prospecting right is valid (sometime in May) the application remains valid, provided it was properly lodged. LEX have notified the market that they expect to submit the application by the end of Q1, so there is plenty of time and no issues in this respect.