Bullboard - Stock Discussion Forum Lavras Gold Corp V.LGC

Alternate Symbol(s): LGCFF

Metals & Mining Gold

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... see more

Add To Watchlist

TSXV:LGC - Post Discussion

Lavras Gold Corp > Private placement…

View:

Post by Gringotts on Sep 11, 2023 8:40am

Private placement…

Excellent private placement. Here is why I think it is excellent:
1 No warrants!
2 Four month hold.
3 A very good price at $1.35
4 No warrents!!

As for today's trading, the stock may drop to 1.35 but should quickly rebound.

220

Comment

Comment by TimeTooSoar on Sep 11, 2023 9:37am

Great News!! I agree with your points!

Comment

Comment by Medici on Sep 12, 2023 12:31pm

Great terms and during a difficult time for explorers to raise capital. Looks like great support from here on up!

Comment

Comment by TimeTooSoar on Sep 12, 2023 4:49pm

I think after PP closes this stock has room to run. If fully filled that's around $12 million they will have in the bank and market cap would be roughly $67 million. That is roughly 18% of market cap as cash on hands. Now through in the potential to have a world class deposit on top of that maybe can hit $3 before next drill hole results to further prove out the resource. GLTA ...more

157

Comment

Lavras Gold Corp