Good comments Tokyo like reading your posts.LRL has gone up...

Good comments Tokyo like reading your posts.

LRL has gone up about 60% in two weeks , not bad return in my books .

PA is a very a good MD and has been around for a while and is currently in Perth primarily here for the agm .

The stock will eventually go up further , but slow and steady wins the race . LRL are building up some good assets , some will do well others will be duds , that is the nature of a resource stock . However at least LRL have the cash ( about$40m )to fund their current projects without having the need to go back to the market at the moment.

Finally just an aside the market for small resource stocks is pretty poor at the moment but it will turn eventually . That is why it is good to buy companies like LRL when the stock market is depressed and reap the rewards when it turns up.