La Mancha Resources Inc LACHF

LMA Auctioning Itself Off

[jrj90620]

Hopefully we get some good offers.Kind of bad time,with gold falling and miners' stock prices not good.

https://finance.yahoo.com/news/la-mancha-resources-announces-auction-210400696.html

[thedave2006]

Still loads of gold bulls out there, so I'm hoping for a good takeout price.   PS.  Just goes to show you, you can make money during speculative cycles and also when you got the goods.  The goods survive the best of times, while the speccy types usually don't, but as long as you can get in and out well, then you can make out well too.   Cheers, Dave.

[ak27]

Doubled my LMA position today. The funniest thing is that I was not aware of the NR, but acted  on my conviction of the value of La Mancha. Mind you that I have beening breathing and living LMA for the last five years and that explains my sixth sense to jump in. Sometimes I think we do not realize what a jewel we have in La Mancha. Will give you an example. Today I asked a friend of mine who

[thedave2006]

funny thing is for me is that i traded them a number of times over the years and with the illiquidity of the shares, still did okay in a good resources market over the years.  only bought back in within last week or so in a few accounts because i saw the nr about the millions of ozs of gold equivalents and that since about 6 months or so ago am on the thinking of jr companies with the goods

[RetiringYoung]

Man you gotta love it when a plan comes together. Who says the buy and hold investors can't be the big winners today??? Retiring Young