LRC 0.00% $3.54 laguna resources nl

sour grapes, page-14

  1. mja
    1,062 Posts.
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    Will post in this thread and Tibbs no sour grapes, making good money in gold sphere, after exiting rare earths ang lithium sector. Also about to have another look at U308 sector (including BMN). But need to keep potential holders aware of the past activities of Directors.
    Tibbs now you have refreshed my memory, he so effectively spruiked an uneconomic deposit in Armenia via IBR. He hoodwinked investors into driving share price in mid 60s before TMR takeover announced. And the spruiking was so good IBR holders felt cheated by the takeover as the project was so good, the hotcopper IBR threads ran hot. Scrip takeover 4 TMR shres for each IBR share. Within 9 mths of takeover my TMR and a more effective review of deposit declared uneconomic and written off and subsequently TMR into administration. I guess Tibbs the point is Matt Wood was pumping the great grades at the site and the minimal capex, and the great future IBR had, when in fact it was all a load of bollocks. And flushed a lot of peoples hard earned dollars down the toilet, though I'm sure he made a mint.
 
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