Cash backed at 0.5c and traded below cash backing on extremely negative sentiment just like GMR did before rebounding strongly as there was a changing of the guard with stale old holders leaving and fresh new holders entering for the gold potential
LCY is about to begin a gold exploration in what can only be described as Elephant country for gold
With Gold arguably in a new bull phase expect to see plenty on interest in prospective gold explorers and those with a large amount of cash will be well placed to benefit IMO
LCY Price at posting:
0.6¢ Sentiment: None Disclosure: Held
