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Bullboard - Stock Discussion Forum Lakeland Resources Ord LRESF

GREY:LRESF - Post Discussion

Lakeland Resources Ord > Difficult to Buy In Now
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Post by Scorpio2 on Nov 11, 2014 9:32am

Difficult to Buy In Now

If someone didn't load up over the last month or so, it's going to be very difficult building asignificant position in this stock without significantly moving the price due to the low float and outstanding number of shares. That's what I really like about this stock and the multiple good drill ready property holdings. As we move up, we will see rotation from some holders to new holders but I think for those that are smart and understand the story here and the high probability of drilling success, they will want to hold to see what really unfolds. I can't wait to see what the very high readings translate into when the drill comes out of the ground. Everyone wants to hold another PLS....but from the start.
Comment by AllDutch1234567 on Nov 11, 2014 10:13am
I fully agree. Big difference between Lakeland and Fission (the ones developing PLS) is the number of shares: 54 mln. vs 363 mln.
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