InvestorsHub Logo
Followers 68
Posts 8381
Boards Moderated 0
Alias Born 10/02/2018

Re: None

Monday, 09/04/2023 7:48:20 PM

Monday, September 04, 2023 7:48:20 PM

Post# of 16
Anyone following Lavras (LGC or LGCFF). Spin out company of Amarillo.
Really impressive gold drill results announced last week on 8/29.
I bought shares at the open.
Nothing better then hitting blind drill hole on the first try right outside known 500,000 oz Au deposit.
I like management. I like the continuity of those drill results. I like it that there are only 2 million warrants out.I like outstanding shares around 42 million only.
They have enough cash to continue drilling without doing an immediate financing.
Stock closed Friday at $1.20 (was $0.40 before news).
Market cap now only at $50 million (Can) even after this huge run. Unreal.
I think it can go a lot higher. They already have 2 drills so news shouldn’t be far away.
JMO. Do you own DD.
Have a great week.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.