LCY 0.00% 1.0¢ legacy iron ore limited

Ann: Significant Drill Results at Mt Celia-LCY.AX, page-38

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  1. jj2
    1,735 Posts.
    Imo.. the "excitment" in this stock is not far away.. and the commodities to focus on is not iron ore..

    GOLD..
    Latest drill results were fantastic.. 8m 5.3g/t, 8m 7.2 g/t inc 2m 20 g/t...

    Nickel/Cu
    SGQ has just started their high-powered deep EM survey 'SAMSON' system.. the same one that discovered the Nova deposit at depth.

    SGQ has moved up from 12c to 16c now.. and have had success in high-grade Ni/Cu discoveries.. being Cathedrals belt.

    Our ground to the south is 'similar' and as such, early exploration has already thrown up some interesting targets.

    With a MC of 8.8m and 5.5m cash.. tiny EV value with really great prospects/address to significant discoveries.. it won't be long until we get some attention.

    It certainly wouldn't take much to get the SP moving..

    A couple of line wipes today.. with most turnover coming from just a few orders.. Looks like some informed buying to me..
 
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