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Lavras Gold Corp V.LGC

Alternate Symbol(s):  LGCFF

Lavras Gold Corp. is a Canada-based exploration company focused on realizing the potential of a multi-million-ounce gold district in southern Brazil. The Company is engaged in the exploration and development of the Lavras do Sul gold project located in the state of Rio Grande do Sul, Brazil. The Lavras do Sul gold project is an advanced exploration stage property that is located approximately 320 kilometers, from the state capital of Porto Alegre and spans approximately 23,000 hectares in size and comprised of 37 mineral rights centered on historic gold workings. The Company also owns a 2% net smelter return (NSR) revenue-based royalty that applies to 65,000 hectares of exploration ground around Hochschild’s Mara Rosa mine in Goias State in central Brazil.


TSXV:LGC - Post by User

Comment by nozzpackon Jul 04, 2024 10:54am
98 Views
Post# 36118057

RE:More Massive Buying by Insider on July 3

RE:More Massive Buying by Insider on July 3I have been in the markets for over 40 years and have never seen anything like this level of substantial and sustained insider buying in those 40 years.

In those 40 years , signifucant insider buying has been a vey strong indicator of good news to come.

But, nothing like this.

Kinross owns 5% among others .

Its highly likely that we shall get bought out after full MRE but before the cost of mine building.

Its also possible that the Buyout will be for Butia et al, leaving the remainder of LDC for Lavros to pursue the exploration of the other many assets in this large concession.

With just 52 million shares , even $10 a share is just $500 million ..

GLTA
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