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Libero Copper & Gold Corp V.LBC

Alternate Symbol(s):  LBCMF

Libero Copper & Gold Corporation is a mineral exploration company. The Company is focused on the exploration and development of the Mocoa porphyry copper-molybdenum deposit (Mocoa) in Colombia and the Esperanza (Esperanza) porphyry copper-gold project in San Juan, Argentina. The Mocoa property is located approximately 10 kilometers from the town of Mocoa, covering over 100,000 hectares, near the Ecuador border, in the Eastern Cordillera of Colombia. The Esperanza is located in the Huachi Mining district, San Juan Province, Argentina at an elevation of only 3,200 meters. Its Big Red Porphyry Copper Project comprises 20 contiguous claims totaling 26,000 hectares in northwestern British Columbia, 45 kilometers southwest of Telegraph Creek along the Barrington Road. The Big Bulk Porphyry Gold-Copper Project is located 50 kilometers southeast of Stewart, British Columbia in the Golden Triangle.


TSXV:LBC - Post by User

Bullboard Posts
Post by hartaddon Aug 26, 2020 3:42pm
170 Views
Post# 31457297

Did not the market like those drill results?

Did not the market like those drill results?Did not the market like those drill results? Why such a downer on this stock? Brien Lundin made Libero a new pick a month ago along with V.MEX at 16 and 14 cents respectively. I got in at 18 cents on LBC, so should have waited until the initial buying after Brien's tip of LBC. V.MEX was languishing under 12 cents and then Brien wrote it up 2 days ago and it has moved up to 15 cents now. Lundin said last month" The Ridge target, where continuous rock chip sampling results last year included 5.14 grams per tonne gold from a single continuous chip sample taken over 50 meters, is one of the most exciting drill targets I’ve seen in years. Libero will drill 24 RC holes in the program beginning in early August, and will use an on-site XRF scanner to direct the exploration in real time. Given the size of both this target and the Big Red property overall, this is a great strategy to get the most results, and value, out of the relatively short Golden Triangle exploration season.For the Ridge drilling alone, I would make Libero a strong buy. Add in the fact that the share price has not yet taken off in a similar way as many other explorers getting ready to drill, and the opportunity at current price levels is even more attractive. I wouldn’t wait long to get involved." Gold Newsletter out tomorrow- see what he says about Libero then.
Bullboard Posts