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Lavras Gold Corp V.LGC

Alternate Symbol(s):  LGCFF

Lavras Gold Corp. is a Canada-based junior exploration company. The Company is engaged in the exploration and development of the Lavras do Sul gold project located in the state of Rio Grande do Sul, Brazil. The Lavras do Sul gold project is an advanced exploration stage property that spans approximately 22,000 hectares in size and comprised of 29 mineral rights centered on historic gold workings.


TSXV:LGC - Post by User

Comment by Zibo510on Apr 04, 2024 8:14pm
81 Views
Post# 35971703

RE:RE:RE:RE:LGC

RE:RE:RE:RE:LGCWasn't questioning your math, I am in agreement with your opinion other than maybe a MC of 2 Billion. 

Correct me if I am wrong, but I believe that the current drill campaign 25,000 meters is fully funded.

If assays continue to prove up this deposit,  by the end of this drill campaign the SP should be multiples of today's SP.

If a PP is done at that time a lot of fund's could be raised with minimal dilution. 

I recall management stating that dilution of shares was one of their major concerns, and pointed out that the last PP was done without any warrants being issued. 



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