La Mancha Resources Inc LACHF

LMA really under the radar

[mouserman]

While we have seen some strong moves  from most gold producers this past 2 weeks - LMA hasnt really participated. I realize it has risen a  long way  off the bottom  and perhaps some profittaking happening here to stall its rise. Fact is tho - LMA 's profit numbers will be looking a lot better with gold over 900$ and should eventually translate into a reasonable valuation. Incredible to me that explorers like OSK can garner a 890 million $ market cap with no production and are given about 125$ an oz in the ground gold value.
LMA's gold in the ground is approx 2 million ozs ( reserves) at last count and is being given about  25$ an oz value profits and revenues are not even really being considered.
Have begun a position and will continue to accumulate on any pullback.

[RedHorizon]

I think LMA makes it's real move when they finally report positive net income.  We have positive cash flow from operating activities but the market wants more than that.  And I can't blame them.  If the 4th quarter shows positive net income I see LMA breaking out above this recent trading range.

[PhaTCaT007]

Consolidation is a necessary step. Yes we have been in a restricted trading zone now for quite some time, but it is incredibly tight. In the last 5 days of trading this stock has bounced from 0.33 to 0.32 to 0.33 to etc... The stock has risen more than 500% from its lows and most stocks that do that will retrace a good portion of this quickly because of people looking at technical indicators such

[Nergy]

You guys are absolutely right, LMA is terribly undervalued at current gold price. Probably the most undervalued stock I’ve ever seen.LMA’s profit margins will probably follow this curve during the first quarter. https://stockcharts.com/h-sc/ui?s=$GOLD:$WTIC&p=D&yr=2&mn=0&dy=0&id=p24043683141