I agree, I couldn't give a damn about other shares unless they are on my watch list. Like you I have a substantial amount invested in LRS and get fed up with people talking rubbish about things they are only guessing about. It is a fault of CG that we are not kept informed, but he is in the hands of the Argentine Government and local officials to get concessions and permits, he is in the hands of First Quantum for them to drill and provide updates.
The one thing I do know is the Copper, lithium and cobalt are all going to be in short supply. LRS hasn't got the cash to drill these so it has to look to JV's to fund the projects. I have invested in many exploration companies and they all have the same issues.
The thing that CG has done is to take us from mineral sands/copper to potentially mineral sands/copper/lithium and cobalt.
I see that CG's actual cash salary is $312,000. To spend a substantial part of my year in Argentina and Peru plus others I would certainly want a good salary.
LRS Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
(20min delay)
