La Mancha Resources Inc LACHF

Crazy

[Nergy]

What have I missed, the only thing I can see is a low cost and well diversified gold producer with a P/CF multiple below 2 with 30 Moz exploration potential.

[RedHorizon]

You haven't missed anything.  Let's remember that LMA was as low as 4 cents a share back in November. It traded for less than it's liquid assets.  So we had a 1200-1300% rally at one point and now we are consolidating.  I believe we will get a good earnings number on Friday since we know that management realizes the market doesn't just want to see growth in ounces

[MontyHigh]

Did I miss a press release or something? How do we know earnings are coming out on Friday. By the way, Friday earnings releases are usually bad as Friday is the time to release where the release gets the least attention. MontyHigh

[RedHorizon]

I spoke with Martin Amyot and he gave me the date of May 8th as the date of the EPS release.  I don't believe that there has been a change to that.

[Nergy]

The results for Q4 was released Friday 27:th March and that was a very good  quarter. LMA haven’t learned that they should release their wonderful results in the beginning of the week. They will probably continue to deliver solid results on Fridays until this F….. u. valuation is very very far away.

[Nergy]

I’m pretty sure they want to get their earnings released before going to the promo show Hard assets in NY May 11:th. 

[RedHorizon]

That makes perfect sense, because then they can talk about it as much as they want.  Furthermore, that leads me to believe that the number coming is likely to be very good since they are timing it literally a few days before that conference.