Lavras Gold Corp V.LGC

More Massive Buying by Insider on July 3

[nozzpack]

106,500 ounces by the same insider who has been a continous buyer for nearly a year..

Periods: Recent (90days)2024202320222021

	Date	Name	Shares Traded	Value	Shares Held	Filing Type
	2024-07-03	Raykov (Rostislav Christov)	106,500	$211,935.00	4,015,430	SEDI
	2024-06-26	Lepard (Lawrence Ward)	2,100	$4,305.00	35,000	SEDI
	2024-06-26	Lepard (Lawrence Ward)	100	$204.00	32,900	SEDI
	2024-06-26	Lepard (Lawrence Ward)	5,300	$10,759.00	32,800	SEDI
	2024-06-26	Lepard (Lawrence Ward)	100	$202.00	27,500	SEDI
	2024-06-26	Lepard (Lawrence Ward)	1,000	$2,000.00	27,400	SEDI
	2024-06-26	Lepard (Lawrence Ward)	300	$552.00	26,400	SEDI
	2024-06-26	Lepard (Lawrence Ward)	11,700	$21,645.00	26,100	SEDI
	2024-06-26	Lepard (Lawrence Ward)	4,300	$7,912.00	14,400	SEDI
	2024-06-26	Lepard (Lawrence Ward)	400	$728.00	10,100	SEDI
	2024-06-26	Lepard (Lawrence Ward)	2,800	$5,124.00	9,700	SEDI
	2024-06-26	Lepard (Lawrence Ward)	1,600	$2,656.00	6,900	SEDI
	2024-06-26	Lepard (Lawrence Ward)

[nozzpack]

I have been in the markets for over 40 years and have never seen anything like this level of substantial and sustained insider buying in those 40 years. In those 40 years , signifucant insider buying has been a vey strong indicator of good news to come. But, nothing like this. Kinross owns 5% among others . Its highly likely that we shall get bought out after full MRE but before the cost of

[Zibo510]

I suspect the same nozzpack, Kinross operates the largest open pit mine in Brazil and I'm sure they are following this very closely.  They bought into the last PP and the outlook for LGC has improved considerably since then.  I think if they make a move it might be for the whole company, the Cerrito deposit has 500K oz and the other discoveries hold tremendous potential and Kinross

[TimeTooSoar]

Desjardins keeps selling... So the asks might be thin but this position keeps unloading. 

[TimeTooSoar]

Looks like Desjardins is done. Great day! GLTA 

[Zibo510]

Yes a nice pop, MC is now 120M, still undervalued considering a viable mine might be confirmed within the next 6 months.  It's been over 4 months since any FDP assays have been reported, so as nozzpack said, it looks like assays along with a RE will be released at the same time.