Shake out nearly completeAfter a curious "capitulation" in the low-mid 70's the other day, LRM is back in the .88-.90 range, and looking quite solid. I was one of the fortunate ones able to pick up a good amount of stock in the low 70's. I feel that is the last time we will see these levels. For whatever reason, someone had to bail on the stock, creating a great opportunity for those in the know.
I spoke to Wade Dawe recently and he tells me all is on track to get the resource estimate out, expected within the next month or so. With two solid projects under development, a strong balance sheet, and heavy drilling ongoing, we should see a great return in the next several months.