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amarksp

09/28/04 4:55 PM

#11140 RE: Frank Pembleton #11139

had a quick look see at LCC...

LCC is not my cup of tea, yet... could not find a single scoping study on any of their properties, I much prefer to at least get an idea of the economics of a mine via a scoping study at a minimum and prefer a pre-feasiblilty study before making an investment. FWIW, LCC does intend to perform scoping studies on a few of its properties during 2004. In short, LCC has ten properties and none have gotten as far as a scoping study, per my review...

Do like seeing Ross Beaty (PAAS) as a director. LCC is a pure exploration play, and best I can judge is dependent on a copper price well above US$1.00 to be viable since all of its existing properties are cast-offs from other companies.
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KastelCo

09/29/04 11:04 PM

#11186 RE: Frank Pembleton #11139

Well M, I sat the entire trolling for that LCC lunker up to 4.58 but nary a nibble.. I think the bait was sniffed but that's it..

I picked up some RVN @ .145 today.. but was too sloppy to more than 7K at my price :o( so it's really for entertainment only at this point... They are drilling beside LIT / GZZ which are halted today (I hope for a good reason ;o) I have LIT also. These are likely Hail Marys LOL....

Anyway back to the fishin' hole tomorrow.
K