problem is....we now know that sellers are more than happy to dump the hell out of it at 2c...well looking at the market depth...looks like they are begging for 1.7 to keep being taken out.
I think a lot of people we're keen today but the sellers showed their hand so now we're going to need the company to actually do some work....drill some holes...get it anaylsed and prove they have something commercial as from now on...we know what sellers are like anytime there is a rise on.
Was a buggar for holders but good for us potential buyers to see them dump so ruthlessly grabbing any price they can.
If the company comes through with good results compared to other stocks out there....and probably adress's this image / reputation problem many seem to be trying to point out....then imo...we might see LRC back at 2c but imo again...it would take pretty good results as this company looks to have left a pretty bad taste in people's mouths for being so newly presented to the traders and investors out there.
LRC Price at posting:
1.6¢ Sentiment: None Disclosure: Not Held