Lambosntendies wrote: It truly is laughable that people think we will be somewhere between 1.50-3… it really is.
Several juniors worldwide have gone bankrupt over the last few years, it sucks for them but junior mining is truly a game of survival of the fittest. Cynthia and Roger have both been vocal about the potential of LME and we can go on all we want with quotes from 2018-date about waiting for big news, the potential of the ishkoday and proving 10M geos … the reality is this will happen at the opportune time for ALL. Shareholders not just the few who are impatient and want a buyout today. There is a lot of value in having your price and waiting for it to come to fruition as opposed to selling to whatever “best” offer comes along at a seemingly opportune moment. Cynthia and Roger have a lot of money tied into this and stand to make the most out of anyone here when a deal is made, they won’t sell out until they know it’s worth it.
People should check out these videos from Roger:
Part 1:
https://m.youtube.com/watch?v=E5vMtX65ndk
Part 2:
https://m.youtube.com/watch?v=4jyYHk2rPsE
Part 3:
https://m.youtube.com/watch?v=qMyb-G2Qyug
For those calling for a 1.50-3 you really think we’re going to sell that low?
Juniors are historically undervalued
juniors are going “under” regularly meaning there are less to choose from (supply shrinks demand rises)
Cynthia has experience in taking companies to the “finish” line
Roger has a lot of experience in the markets, more than most of us here. I’ll stick with his opinion over someone who says “cut that price in half because that’s how a deal works”
Gold is hitting all time highs while juniors and even seniors are lagging… this should be a big indicator or things to come…
We are about to enter a historical gold market and I expect juniors to rally an exponential amount … 10 baggers will be 50-100 baggers!
On average juniors stand to make 100s-1000s of percent returns simply because of the price of gold!
There is no way we sell for 1-3… those in Lme have worked way to hard for that. Lme has the potential to be a CLASS mine and has an unbelievable amount of factors working for it as many on stock house have indicated. Not sure if the “new” accounts on here are truly new or just older holders not wanting to burn their profiles by sharing how they really feel as their emotions swing like a grandfather clock…
We have uscg on board, a special committee and a recently completed property of merit… read between the lines!!
I watched an interview with Warren buffet and I loved how he distinguished that when he was younger he bought stocks but when he grew older he bought ownership in companies. Theres is a major difference. Any shareholder in Lme is an owner of the ishkoday mining rights.. it is our land for exploration and we should trust those st the top to explore and validate the resources on that land. If you don’t like how long it taking or have other reservations then go buy bitcoin. But if you decide to buy into bitcoin Buffett had plenty to say about bubbles.. take heed.
In the 1800s you could buy a house on the canal on Amsterdam for the price of a tulip bulb… this is the first bubble story to exist.. years later your could buy a dozen bulbs for the equivalent of a few bucks when the bubble collapsed
There were over a couple thousand American car manufactures in the early 1900s… 3 made it “out alive”. Dodge Chevy and ford.
In The early 2000s people were piling money into tech because the internet was the future… it all collapsed and we know how that sad story ends… Amazon, google and a few select others made it but as a whole the industry lost billions.
Now when I hear from a friend at work he’s buying into a “coin” because it has a cute dog on it or other people are buying it because everyone says is has great utility (all the while not understanding what utility actually means) I am skeptical. Buy your crypto but I’m buying gold and juniors like Lme.