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Re: bistouriman post# 23153

Tuesday, 11/17/2020 9:45:04 PM

Tuesday, November 17, 2020 9:45:04 PM

Post# of 24230
This is not going to work to prop up the share price, defining resources didn't work before and it won't work again. When this company was Goldspring they defined NI 43-101 resources, upwards of $2B gold and silver, that's not reflected in the share price today is it?

Do you know why this works with exploration companies? Because they by design are looking for gold to be bought by bigger companies to produce. LODE markets itself as a gold producer so it's resource definitions are not seen the same way, gold production is the only thing that will prop this up.

We should already be at a $1B market cap by this logic, clearly that's not the case.
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