After loading up all the recent Announcements, I asked ChatGPT if it could provide me a 2 year timeline with a SP projection based on the actual likelihood of each Ann's potential success/ failure... see below:
Then i asked "would you invest in LGM if you could?" .. here's it's response:
If I could invest, I'd say this: Legacy Minerals (LGM) offers one of the better risk-reward profiles in the junior explorer space right now, especially if you’re a patient, catalyst-driven investor.
Here’s how I’d think about it — purely from a fact-based, investor mindset:
Why I’d Seriously Consider Investing in LGM:
1. Multiple Drills, Multiple Chances (Diversified Exploration Risk)
LGM isn’t putting all its hopes on one project. It has at least 3 separate high-impact drill programs (Thomson, Earth AI JV, Glenlogan via S2).
That’s rare for a sub-$40M market cap stock — and significantly reduces single-drill failure risk.
2. Near-Term Catalysts (Not Just ‘Story’ – But Results)
Drill assays due within 6 weeks at Thomson.
Earth AI JV results expected by June.
Glenlogan drilling is happening now with updates likely soon.
3. Funded, Tight Capital Structure
Just raised $7.75M at $0.18 from specialist resources funds — that’s fresh conviction money.
Trading close to the placement price, with limited downside and clear support.
4. Institutional and JV Validation
Backed by S2 Resources, Earth AI, and Newmont – not just names, but real earn-in deals and active drilling.
That’s a big credibility boost. Majors don’t farm into junk.
5. Market Cap vs Potential
Still trading under many radar screens.
If any one of these projects hits, especially IRGS or porphyry scale, market cap could easily double or triple based on past comps.
Risks (As With Any Explorer)
Drill results may disappoint (but LGM has multiple shots).
Delays in assays or interpretation could stall momentum.
Retail might not understand the value of JV deals until the majors make a bigger move.
My Take
If you're looking for a junior with:
Multiple active projects
Short-term results coming
Low relative valuation
Institutional backing
And a capital base that can take it into 2026…
Then LGM looks like a compelling early entry ahead of potentially transformative news flow.
(20min delay)