Linear Metals Corporation T.LRM

50k bid, no sellers?

[drox2000]

Last week, you could have bought all the stock you wanted under 0.80.  Now there is a 50,000 share bid at 0.90, and no sellers.  This clearly shows how tight the float is, and the only time one can get a sizeable position with liquidity is when a large shareholder decides to feed some stock into the market, as was evident last week.

Looks like we are set to break through the $1.00, hopefully for the last time, and onto new high's this year.

I, for one, am very much looking forward to the upcoming, inevitable run.

[issimo2]

All, New news. I will not predict that it is about to go up or down - you never know in this market. I will say that I picked up a bit more today in expectation of their 43-101 expect this month, which is consistent with what I heard at the PDAC. At PDAC I was concerned that they did not have enough tonnage. They appear to have improved this aspect with these latest results, and they have noted

[BlackMarlin]

Hey Issismo and Droxx    I know you guys have been around this stock since very early, pre lrm days back to lrr.  I got into lrr as a recomentation from a friend.  Bought lrr at $1.25 and sold at $7.50 but kept my position in lrm.  Not much but have around 10,000 shares.  I really have only a very limited understanding of the stock market and geology as this

[drox2000]

BlackMarlin,I have high expectations for LRM; and have been accordingly accumulating a sizeable position.  Even without the latest extension in mineralization, the stock deserves to be much higher due to the strong likelihood of a large ore body emerging from both properties.  I believe they have approximately 40 million shares outstanding, fully diluted, with the latest financing at $1

[issimo2]

Black Marlin,I'm still in LRR largely owing to the Kinross deal.  If this pans out, LRR should be in for a huge boost - the total cash from that deal alone is approaching $5.00 per share, all in.  The key word here is "if".  The money isn't in the bank yet.  Some liked the Kinross deal, and some did not.  I thought it was the best LRR could do