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This reminds me so much of March 2020. Total indiscriminate sell off across board. With hindsight that was the best time to buy.

Bang on. Where it gets really bonkers is when you compare to others.

OMI has 1/3 of the gold this does, a bit over 200k oz. It has a market cap £70m+today. For LND to simply equal that Colombian explorer with a fraction of the gold, this would be a 10 bagger.

The fundamentals here haven't been better for many years, market will wake up to it soon enough

Agree guys this is a dream entry price

Https://x.com/DonDurrett/status/2034895092230889948

Insane value today momentarily dropping very close to warrant exercise price. I see this as a massive opportunity on the inevitable bounce back. Company has £1.2m from recent fundraise added together with £1m+ from warrant exercises over last few months means we are funded for the foreseeable. As risk free as micro cap explorers get down at this tiny market cap.

Bought another 1m. Cheers and GLA

Lol wecap enough said I think, very easy to dismiss anyone who has been ramping that car crash

People seem to forget sometimes we are also a copper miner. Demand for the red metal only going one way.

Zoom out ABitForward, look at last 6 or 12 months. Most are sitting pretty here. Can't cherry pick one month and conclude anything, especially when it's been a month when whole market has got wrecked. Even people who bought in last month will do well here. Look what happened to share price while Paranaita campaign was underway. It multi bagged. Now we have 100% owned Molly campaign kickstarting.

Doesn't take much to imagine where the stock price goes from current support level. Sit back and enjoy this hitting 3p+ by late spring. In meantime forget about day to day movements.

Should be another blockbuster week for Brent which means cash flow here only going one way

In the longer term I'm sure most of agree gold is only going one way. This beast is hugely cash generative even with gold at $3k. Gold always comes back no matter what the wider world can throw at it. In meantime this market turbulence is creating some fantastic buying opportunities if you are bullish about gold.

No point buying here for now. Wait until TR1 holder has stopped messing around and after next placing.

What is there to be nervous about? Management bought at this price. Look at the calibre of Molly and fact it a fully funded drilling campaign is underway. This is a ripe entry.

Rick Rule via Don Durrett

https://x.com/DonDurrett/status/2034747404269101222

Why is Sorrell finally being put out to pasture?

The thing is if he is as bad as new PPP management say, you can still make money here. Everyone knows Lenigas is a wong'un but if you traded Wishone at the right times last year you could have had a 15 bagger. You don't hold these Aim resource stocks long term - unless you hate money. Instead you ride the pumps. Management here are very good at pumping, and in this wild west that's all that really matters.

If he is genuinely ill that's not good, but one wonders if upon his reappointment and laying eyes on the true extent of the absolute regulatory clusterf*ck that's coming here, he might have decided a spot of leave might be just what the doctor ordered?

Interestingly we saw very strong support today on that bounce, only momentarily below 1.4p level. Follows perfectly that with recent £1.2m funding being secured at that price, market knows we have that rock solid there, with with director and others being happy to put in 7 figs at that price.

Should now prove to be an excellent springboard for the next phase in the company's development. GLA

Agree with all of that. Unique set of circumstances all round that will soon pass. By the end of the year we'll look back at these prices as an absolute gift.

Now priced lower than 1.4p funding last month that netted the company £1.2m. Director participated too, so anyone buying here is doing so at a lower price paid than board member, which is mad when you think about it.

We can also add that cash to the £1m+ from warrants exercises over last few months. Decent proportion of whole market cap is now cash. Ludicrous value.

GLA