Member Info for Urbanracer

By the way Mads, I am also in with 6 figure sum and so am perhaps becoming increasingly vocal about value here, what the hell the board are doing to shift this in the right direction.

Like you, I am now retired and am looking for investment worth now.

Hi Mads,

Yeah I know what you mean about Glenn, I sort of put it down to the time of the day but there is no doubt that it was not the sort of polished performance you see elsewhere. I just don’t think it is their thing and I certainly agree with you regarding the 42p comment. That was picked up by quite a few people!

As for Bill, I could be wrong but I am told he lives permanently in London with his missus who I think is Italian.

Hi Mads and AM,

I agree with every word, and , like you Mads, have wondered many times over the years why the company has evolved (or not) as it has. There are, of course, a number of possibilities.

My view is this. That I admire Bill is no secret. There is no way I would have stuck here otherwise. The potential is massive. We know that. There are a number of times I could have moved on either with a small loss or reasonable profit but decided long ago to hang in for what we all believe will happen in (what we hope is) the short (ish) term.

My concern is this. Age and location. Bill is in London, Glenn is in Perth, and the key to all this is in Canada. Yes they are discovering. Yes we have substantial resource with even greater potential. Yes we have both gold and nickel and more.

Is the issue engagement?

I am invested in other companies that have a younger board and who appear (note appear) to be more ‘out there’; clearly wining, dining , talking, negotiating, extolling etc etc. And it works. Investors come on board and the companies drive forward.

At this stage, I want to be hearing about more medium term plans because if that suitor doesn’t appear we will need to press on. And fast. I honestly believe that NOW is the time for Bill and the board to bring new blood in to move this forward. To work alongside Bill (I know it is is baby) and take on the much needed drive for new investment. I appreciate the Mcap might preclude certain funds but the small cap stuff is there for the taking if promoted correctly. It may be only for a short term but there would be massive benefits for such an individual.

Cheers UR

Trek,

Most likely to get just one last set of results to cover last of the season.

I will be very surprised if we get results on every single drill core mind.

Cheers Natolly

Natolly,

Pse could you repost the T link.

That one is showing expired.

Ta.

Cheers AM90,

I didn’t mean my answer to Sewing to be terse.

Your answer sums it up perfectly. The only thing that would change the strategy would be failure to agree sale terms in a reasonably short time frame.

If that were to be the case (and I do doubt it), the company would have to make big decisions regarding the way forward…Financing, strategic objectives, and the means to achieve them. This would, in my opinion, mean new blood alongside Bill.

SewingM,

Because the gold is the priority.

“This is all about (finding if there) are there more Havierons floating around Havieron,” MacCorquodale said.

Splendid.

Wilbur,

That BMW iX has got to have the worst front end ever…

Imagine, if you will, coming home one evening to see that your cleaner, who is rather a heavy- treader, has decided to kneel and clean the stairs, at that very moment, in nothing but a g string or thong. All you see is a massive pair of buttocks staring at you.

Compare and contrast.

Sorry.

What does meh mean?

Hopefully an interview with Bernard later…..

Or Bearnaaaaaaard as Katie Pilbeam calls him!

And look at intervals; a number commence almost at surface which bodes very well indeed.

Cheers Mads, Nice and AM,

Great to hear from you all, and seems we are all in agreement.

At some point, the buy out negotiations will begin. Let’s see what the ‘fair value’ offers are!

You HAVE to get proactive. (Pun intended).

These issues WILL be raised on Thursday. How are you going to address them. I am not going to insult you all on here by listing them as you all very clearly know what these points are. The only body that doesn’t seem to get it is Landore Resources. We are shareholders and we do have a say.

Finally I will say this at the risk of repeating myself. I am a fan. I bought in on nickel only. Now they have gold and acres and acres of it. Even if simply Bam grade ‘only’, it is at least, AT LEAST, 4 million ounces.

The issue is time. And a Plan. Capital P. What is the aim and how is it going to be achieved.

The resource is proven. The MRE this year will increase substantially. The overall potential in both gold and other resources is massive and TRUE. Not nearology, not blue sky, not lookalike, but REAL.

I have a fair few shares now and I ain’t selling.

UR

An interview would follow that morning. Upbeat, friendly, positive and a clear cut opinion of what this means. Investors would note, listen, research or follow the herd, and buy.

The RNS was bland. For the industry. No comment. No context. No opinion. I mean for crying out loud we could not even tell if BH was pleased with it. Reading (or trying to read) between the lines is not good enough. People will have been disappointed. Realised that we are getting to end of campaign, and know that updated MRE and PEA will not be out until late Autumn or winter. Can you blame people for selling to place their cash elsewhere.

For me, the exploration results achieved through the hard work by Bill and the team are superb. Not just the gold but the nickel as well. For all I know, we could be sold next month. The thing is, I have been thinking that for month after month since 2010. I don’t want to be thinking the same thing in five years time and no one at the moment can tell me otherwise. Richard Prickett was talking in the same vein 5 years ago.

Landore, you HAVE to up your game in other areas. You have always spoke about shareholder value so it is up to you to fulfil that promise. Results are very very clearly not enough.

Dear all,

Been sitting back, reflecting on today’s news, and have to say that, for me, the RNS today was very very disappointing. Not, I hasten to add, because of the results, but the way it was presented.

Unless the Landore Board of Directors live and work in a bubble, they must, by now, be picking up on the fact that many shareholders are becoming frustrated by the disconnect between resource (value) and share price.

I am one of these, and, to be frank, I took today as a slap in the face. Let me say why.

People are selling . We can only (unless you are one) guess at their reasons but to be honest, I don’t blame them for one minute. What is the point of having your money wrapped up in a venture that never ever (so far) realises the ‘shareholder value’ that we have been promised for years. And years.

My point is this. I think people are selling on what is perceived as disappointing news. Many will have noted that the results centre on 5 x 25m centres on the grid line (For once, I can’t be bothered checking the grid number) on which the now famous bonanza hit lies.

Yes the grades are good as compared to usual Bam grades, but they are certainly not 5 x intervals @ silly grams per ton. Equally, they are likely aware that these were additional drills to those planned to explore (as 7 x 50 centres) to link the 200m between the bonanza and the other vv high grade hit from 2017 and 150 metres either side. The results were good (last RNS but one) but again not silly high grades (best was the 52m interval in hanging wall).
Bill touched on this in his last interview but one, but did not put the results into perspective. That is a failing on HIS behalf.

Look, the results today were good. Yes, they were not stupid grades but they were higher grade and certainly above the usual Bam average. I am personally pleased with the results and fully expect the super hg stuff to be located at some point (wether that be in drilling OR in mining I don’t know), but what I do know is this.

We cannot help but compare (I mean I have spent two days prepping q’s for the Proactive exercise on Thursday) with other companies and how they go about results, messages, and promotion. An RNS with good results but perhaps not as expected would have comment and opinion and an outline of how they assess it and what it means.

Hahahaha.

Will do!

Yeah exactly Jayymes (is that a posh James?).

And now I have had to practice the pronunciation of the country hosting out gold plays…..

It was quite simple for me to talk about th’Ivory Coast.

Now, thanks again to Katie (come back Aaaandrew Scott) , I have had to practice saying the Coaaat Deeeeeevoiree!

Madness.

How do you actually pronounce the name…?

Being a Boltonian, I have always pronounced it properly as Burnurd.

I noted however, with some angst that young Katie Pilbeam was referring to him as Bearnaaaard!