recessionary pressure ?This stock appears to have found a base but so did ven gold before it dropped to the 3 cent range.What you haveto watch is the sellers who will appear in dec and sell to take their losses. There is probabley a few who have ridden this down looking for salvation.
The other thing we have looming on the horizon is an upcoming recession. The tripling in the price of oil is not going to go away and the price of plastics, paint and all transportated goods is going to climb. LDM will have to contend with the increase in transportation costs as well as the other costs that a recession can bring.
I expect the price could fall a bit more yet.
Regards
bam