LCL 3.45% 14.0¢ los cerros limited

Drilling beginning in the next day or two

  1. 1,191 Posts.
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    LCL will be be drilling in the next day or two, adding to previous results:

    384m @ 1.01g/t from 16m incl 29.3m @ 1.9g/t Au from 136.75m in TS-DH-02

    253.1m @ 1.01g/t Au from 2.9m incl 64m @ 1.67g/t Au from 144m in TS-DH-07

    This thing is huge. The market hasn't caught on yet. This will explode when the market understands the massive potential and size.

    Oh, and that doesn't include the Miraflores gold deposit with an existing Resource of 877,000 Au ounces at 2.80g/t Au and Reserve of 457,000 Au ounces at 3.29g/t Au.

    BHP and Newcrest have made major investments in that part of the world. They have both become significant shareholders. FMG is also buying up big in the area.

    LCL (IMHO) will be a takeover target very soon.

    In terms of price and prospects, LCL is an absolute bargain at these prices; the cheapest ASX gold play just based on already proven resources.

    Don't take my word for this, DYOR.
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Last trade - 16.10pm 26/02/2021 (20 minute delay) ?
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