LRS 0.00% 16.5¢ latin resources limited

Ann: LRS Operations Update, page-161

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  1. 909 Posts.
    lightbulb Created with Sketch. 38
    Dedicated his life to this investment?
    That’s a huge exaggeration mate this is his career not his life.
    He is paid big money to progress the company and is doing a pretty poor job at that.
    Not to mention that from the millions of dollars he has been paid less than 100k has been used to purchase shares. In the last 2.5 years he has bought zero, so that says a lot about his “dedication” and thoughts on where LRS is headed.

    LRS do not own this land you speak of and many of the consessions held by LRS have already been explored and dumped by LRS or other exploration co’s.
    We aren’t exactly seeing “majors” lining up to buy LRS for peanuts are we?

    Even if you are bullish on the consessions, what good is it when you have a huge cash burn problem, over paid board members hungry for more, and an inability as a company to make informed decisions.
    Enter the last 14 months with no exploration and no thought of doing anything other than wait for San Luis consessions and burn capital in the meantime.

    If you disagree with my opinions I challenge you to try and get CG on the phone and ask him yourself.
    He won’t talk to shareholders and I believe that says a hell of a lot.
    Last edited by Kyle323232: 16/05/18
 
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Change
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Mkt cap ! $560.2M
Open High Low Value Volume
16.5¢ 17.0¢ 16.3¢ $2.888M 17.35M

Buyers (Bids)

No. Vol. Price($)
16 2375951 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 1225997 12
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