LRC 0.00% $3.54 laguna resources nl

some thoughts, page-15

  1. 2,831 Posts.
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    Hi Hot001...and others

    I'm in the same boat having bought over a week ago and holding for the JORC. The news was actually better than i expected >780k oz. The market knew the project was in Sth America, target 1-2m oz at 1-2g/t. There was nothing out of the ordinary accept for the higher resource. The anns alluded to other targets having grades of 10-20 g/t over >20m intervals which they are targeting during this round of drilling. So the potential in there to increase the JORC and grades. Selling now doesnt make sense but i suspect the Cap raising will come after the this round of drilling (Dec).

    Good luck all
 
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