La Mancha Resources Inc LACHF

RE: RE: Valuation of a junior.. but is Producing!

[RedHorizon]

When the juniors were collapsing it seemed like nothing could make LMA go up.  Now it seems like nothing can make LMA go down.  DOW down 332, LMA up 5%. 

Let's also keep in mind that AREVA owns about 90 million shares, 63%.  These shares are not publicly traded.  So the actual float on this stock is 52 million or so.  I believe that quite a bit of that is not available in the market either.  I can speak for myself and say I personally picked up hundreds of thousands of shares between 5 and 10 cents, when it was down there.  I also have shares at higher levels.  My shares are not for sale anytime soon.  I have a feeling that there are some other holders out there who did the same as I did.  That's why we see no selling pressure these days.  The people who bought it recently are happy with it.