Hi Ozytrader, I agree with your general view that LRC remains a potential bagger over coming months, but the combined effects of:
1. LRC share price coming off to below my entry level; 2. Continued delay with the drilling results; 3. Falling precious metals and overseas markets;
made me decide that I can still get back in again probably at a cheaper level - that way I can buy more shares that I had, so I made a decision to get out at the end of the week.
Its a shame that the outside influences of political grandstanding on US banks, Chinese govt tightening bank lending, amongst others, has had the impact over the past few days, but I guess for the longer term it provides a more steady basis for growth, provided they don't tip the recovery back into recession!
Good luck to all current holders, I plan to join you later on, keep the drinks cold for me please!
LRC Price at posting:
$2.25 Sentiment: LT Buy Disclosure: Not Held