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Bullboard - Stock Discussion Forum Lavras Gold Corp V.LGC

Alternate Symbol(s):  LGCFF

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

TSXV:LGC - Post Discussion

Lavras Gold Corp > Negative trend continues
View:
Post by davidmb4 on Dec 19, 2023 1:51pm

Negative trend continues

Stock has been on downward trend for 3 months.
no promotion from management. No excitement.
I think they know that this new discovery is low grade and not that interesting to market.
Unless they get some institutional buying, the MM will continue to drop this further.

compare this dud to the huge promotion by BIG. They will likely hit some nice results because there is always leakage in these juniors. Looking at the excitement and trading here, I am NOT expecting much from the rest of the drill results.

Comment by davidmb4 on Dec 21, 2023 8:04am
Company does HORRIBLE job updating shareholders IMO. They seems really slow with their results. they absolutely missed on 2 holes and the market definitely knew = leakage. Now we wait months for more results. As they say, delays are always bad news in junior land. at least show us locations of those drill holes they have already drilled. This company reminds me of GOCO and that is not a compliment ...more  
Comment by Bulba212 on Dec 21, 2023 4:14pm
I agree.  I also think being a shareholder will give you cancer.
Comment by davidmb4 on Dec 21, 2023 5:16pm
The junior market has changed with short selling and market maker games. they will place large asks and slowly lower the stock price. the only way to overcome this is with frequent news and updating shareholders. lack of news here means drill results aren't good. That is what the market is saying. IMO management has lost most credibility here
Comment by Bulba212 on Dec 21, 2023 6:24pm
I think we will all be dead by the time any gold comes out from butia or fdp