Lakeland Resources Ord LRESF

LK Stock Price

[Takittyai]

What are the big reasons/risk that have caused this company to be this cheap?

Balance sheet certainly looks like it deserves better....whats the catch?

[FakePlasticTree]

The catch, in my opinion is that this company has nothing of real value as far as good uranium finds go. They talked up their Gibbons Creek project like it was the next PLS but, after countless delays (and downright deception that the drilling was being done when it wasn't) they came up with very little. I was in this way back at .24c, so glad I sold and didn't hold. I lost all faith in

[Takittyai]

Thanks for the response FPT. The addition of Jody Dahrouge seems to have kicked started some attention for this company. With his expertise in the uranium exploration sector, does this company deserve a second look at this share price? They certainly have a healthy cash balance at the moment as well. Nexgen/Fission Uranium recently have had some very positive drilling results in the Athabasca

[thinkahead]

This post has been removed in accordance with Community Policy

[testfreak]

if jody keeps buying i will as well. they got more cash then market cap, 300k hectares they shall do well this summer imo. good luck to everyone

[Takittyai]

Where's the source? How come I can't find the source that he's been buying?

[Takittyai]

Found it...https://canadianinsider.com/company?menu_tickersearch=LK%20|%20Lakeland%20Resources Google search didn't work for once....

[FakePlasticTree]

Well, Jody has been with the company for a couple years already, I'm not sure how having him on the board makes much difference. But we will see I suppose. Personally I'd stay as far away from this thing as possible until they actually make a significant find. That they will is a huge gamble.

[newbie2099]

What is your opinions on u3o8 corp symbol is uwe.to? Share price are pretty cheap at this level, Dundee have a buy rating on it.