Struggling only if the gold experts don't see any sense in mining in Chile. But the JORC results are not that far out of line regarding expectations, so it could mean there is a takeover offer on the table. Remember what happend to oil and Uranium explorers when the price went up. The big gunns bought what they could to secure acreage. They think long term and todays low grades may become high grades when supply is shrinking.
I rather wanna see a takeover than a sell-off down to whatever lower level than current sp.
LRC Price at posting:
2.0¢ Sentiment: LT Buy Disclosure: Held