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Lachlan Star Ord Shs T.LSA


Primary Symbol: LSLCF

Lachlan Star Limited is an Australia-based company that is involved in mineral exploration. Its projects include Koojan JV, Killaloe, Princhester, Junee, Basin Creek, and North Cobar. The Company holds a 75% interest in the Koojan copper-nickel-platinum group elements (Cu-Ni-PGE) Project in the New Norcia Region, Western Australia. The Koojan Project covers a contiguous area of approximately 600 square kilometers (km2) and is located 80 km north of the recent Julimar Ni-PGE-Cu discovery by Chalice Gold Mines Ltd. The Killaloe Gold Project is in southeast Western Australia approximately 600 km east of Perth and 20-30km northeast of the historic gold mining town of Norseman. It comprises two contiguous exploration licenses (E63/1018 and E63/1713) and a separate mining license (M63/177) covering a combined total area of over 94 km2. The Princhester Magnesite Project is located over 85 km northwest of Rockhampton, Queensland and comprises two granted mining leases: ML5831 and ML5832.


OTCPK:LSLCF - Post by User

Comment by TRRGon Jan 01, 2013 9:26pm
245 Views
Post# 20787319

RE: Buyout candidate

RE: Buyout candidate

A buyout  looks very possible, LSA is mostly owned by 4 invest. groups, not much 

individual retail. Very low trading volumes.  Valuation is just too low, about 32$/oz.of  gold.

Production will go up to 100k-120k oz within 6-8 months while cash cost dropping mmuch lower !

At this valuation this stock is simply amazing gift ! 

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