LRC 0.00% $3.54 laguna resources nl

why 5 cents is an easy target ?

  1. 113 Posts.
    LRC has the following positive potential :-
    1- JORC expected in November
    2- Open cut development that leads to fast track to production
    3-The top 20 hold most of LRC shares
    4-Combined gold resources in the belt are in the order of more than 43 million ounces of gold
    5- Estimated cash cost of $ 370/ oz
    6- The increase in gold prices

    All the above makes the 5 cents an easy target in the short term
 
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