LRS 5.26% 20.0¢ latin resources limited

1c Today Hidden Gem Uncovered, page-31

  1. 4,289 Posts.
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    I agree, I brought in today for these few reasons. and will add when cash becomes available.

    - lithium sector very hot and will get hotter every year as demand for lithium products grow.
    - they have cobalt also another hot sector that will explode next year imo
    - LRS has huge ground in Argentina with lots of money already spent on them.
    - I'm looking forward to them defining a JORC early 2018.
    - and also signing of a MOU this is key imo to the SP taking off
    lets look back at what happened when a company signed a MOU

    AGY
    SP before signing a MOU 4.2c ,
    Signed a MOU on the 20/3/2017 went on to peak at 35.5c
    10 bagger plus from there low's. current MC 200 million

    SYA
    from 2.9c to 6c from a low of 1.1c
    6 bagger with lots more in it imo, current MC 80 million

    ASN
    1.4c signs MOU on the 29/9/2017 goes mental
    all the way up to 15.5c in only two months
    10 plus bagger from lows, current MC 40 million
    have not even drilled a single hole yet

    LPD
    was 1.2c
    signs a MOU with galaxy resources
    SP climbs to peak at 8.4c, current MC is 200 million.

    so brings us to LRS
    currently trading at 1c
    imo if LRS signs a MOU I think the SP could run up to around the 4c mark
    or a 100 million MC I don't think this is too unreasonable imho.
    10 bagger from the lows.
 
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