LRS 1.52% 16.3¢ latin resources limited

Running Commentary On The Share Price, page-78

  1. 773 Posts.
    lightbulb Created with Sketch. 86
    People keep saying there's no news, leaky ship, someone must know something ..

    But, announcement 20 Dec 2017 "Update on Latin Resources Projects - Argentina and Peru" has:

    * First Stage Pilot Plant construction to begin January 2018, expected completion February 2018
    * Maria del Huerto exploration and development drilling commencing in late January 2018, once drilling operator is selected
    * Westminster Resources Peru Copper asset sale submitted to Toronto exchange for review, results pending any time (bring cash to the company, and removing distractions / increasing focus)

    All of these should result in a positive announcement any day now.

    As well as this:

    * Wider Lithium market heating up, people looking for a cheaper entry into the market.

    So, yes, no news .... But positive news flow is expected very shortly, and with the lithium market going crazy for the next few years we may see similar stories of "no news, why the lift?".

    "a rising tide lifts all boats" ... but only solid boats stay afloat.
    Last edited by randosmit: 04/01/18
 
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