LOD - Lodestone Energy

[jennyperfect]

Hi everyone, have been following this stock (LOD) for a while. They start drilling on a tennement this week that has historically produced 9 million ounces of gold and 500,000 tonnes of copper (Midas) QLD. Has anyone been following it and can they give us some feedback?

 

[jennyperfect]

Re: LOD - Lodestone Exploration

forgot to say, apprently Midas has never had modern drilling rigs on it, so the report says on the company's website, www.lodestonex.com x after the name. 9million ounces, plus copper equates to 10billion $$$$$$$$$$$$$$$ is what the tennement has historically produced.. can some please give us some feedback ???????????????

 

[jennyperfect]

Re: LOD - Lodestone Exploration

Also forgot to say with the shares trading at 6c, and a market cap of say 7million and with over 2million in the bank this company represents excellent buying-trading opportunity.

 

[Joe Blow]

Re: LOD - Lodestone Exploration

this company represents excellent buying-trading opportunity.

Hi Jenny - If you feel this company is undervalued and can present a case for that go right ahead, but I would prefer if you didn't recommend a stock as a 'buy' as only a licensed financial advisor can offer this type of specific investment advice.

 

[jennyperfect]

Re: LOD - Lodestone Exploration

Hi everyone, sorry if i didn't put my case across properly.

Yes i do feel this company is grossly undervalued, they start drilling today where they have consistently found rock chip samples grading as high as 100gr per ton and 3% copper. It is all on their web site as mentioned above.

These are historic old leases that have performed magnificently in the past.

With gold looking very strong and maybe getting better i believe stocks like this one are very much undervalued. happy investing.

 

[jennyperfect]

Re: LOD - Lodestone Exploration

They have started drilling at Midas, the rig is booked for 2months of continuous work on several tenements. 2 months of drilling = 2 months of results.

 

[jennyperfect]

Re: LOD - Lodestone Exploration

BREAKOUT ALERT UP 35%+ TODAY.........RESULTS DUE NEXT WEEK, THEN 2 MONTHS OF DRILLING.....................

 

[greggy]

Re: LOD - Lodestone Exploration

BREAKOUT ALERT UP 35%+ TODAY.........RESULTS DUE NEXT WEEK, THEN 2 MONTHS OF DRILLING.....................

Nice pick jennyperfect.
DYOR

 

[jennyperfect]

Re: LOD - Lodestone Exploration

Bought up 2% of company, they were seriously undervalued in the 5-6c range. If they hit some decent grades they r easily 20-30c stock.
Some of the rock chip samples where they r currently drilling grade 100gr ton gold, 3.7% copper.....
10 years of field research the director tells me, they have been slow movers but every dog has its day............
GOOD LUCK AND HAPPY INVESTING.....

 

[greggy]

Re: LOD - Lodestone Exploration

Bought up 2% of company, they were seriously undervalued in the 5-6c range. If they hit some decent grades they r easily 20-30c stock.
Some of the rock chip samples where they r currently drilling grade 100gr ton gold, 3.7% copper.....
10 years of field research the director tells me, they have been slow movers but every dog has its day............
GOOD LUCK AND HAPPY INVESTING.....

Its good to see that you've put your money where your mouth is. I've done the same with NRU. I'll keep an eye on LOD. Its rock chip sample results were good and its market cap is still very low. Good luck.
DYOR

 

[Joe Blow]

Re: LOD - Lodestone Exploration

BREAKOUT ALERT UP 35%+ TODAY.........RESULTS DUE NEXT WEEK, THEN 2 MONTHS OF DRILLING.....................

Readers should keep in mind that there were only 8 trades in this stock today that accounted for this 35% rise so volume was not extraordinary. Market depth is also very thin with the next buy order at 6.4c. Odd considering it closed at 8c.

 

[greggy]

Re: LOD - Lodestone Exploration

Readers should keep in mind that there were only 8 trades in this stock today that accounted for this 35% rise so volume was not extraordinary. Market depth is also very thin with the next buy order at 6.4c. Odd considering it closed at 8c.

I'm hoping to buy on a pull back. Thanks for the info Joe Blow.
DYOR

 

[Techbuy]

Re: LOD - Lodestone Exploration

They started trading at 3pm and I cannot find any news or trading halts for it.
Currently vwap=.067

 

[exberliner1]

Re: LOD - Lodestone Exploration

Oppies looking very strong today.....only 113mn heads and 30mn oppies in issue....

Today's volume is enough to hint (to me) that something is underway here so I have bought lots of oppies at 3c.....strike price is 5c so with the heads at 8c it is nice to buy oppies with a year to run and no premium.

One for the watchlist imo....LOD has a lot of drilling underway atm....plenty of results due..

EB

 

[julles]

Re: LOD - Lodestone Exploration

And the Director bought a million oppies on market a couple of days ago. Looks interesting so I bought some oppies today too.

 

[Captain_Chaza]

Re: LOD - Lodestone Exploration

Nice tack Julles!!!!!!
I don't think there will be much resistance at the cold front @ o.08c
I just love sailing with you

Salute and Gods speed

 

[exberliner1]

Re: LOD - Lodestone Exploration

500k bid at 8.....could be an interesting close today....

Worth putting on the watchlist this afternoon....

EB

 

[Captain_Chaza]

Re: LOD - Lodestone Exploration

Ahoy Brave and Loyal crew

Hold onto the ropes and your hats
Volume is low but rare stamps are also hard to buy
NB;There is usually plenty of volume at the top if you are quick enough

Salute and Gods' speed

 

[exberliner1]

Re: LOD - Lodestone Exploration

Agreed captain.....the sell side is looking a bit thin here while the bid side just keeps growing...

Oppies also looking good....with more than a year to go and currently about 4c...

LOD and LODO are beginning to look like a coiled spring...

Beginning to wish I had bought more of those oppies at 3c

EB

 

[julles]

Re: LOD - Lodestone Exploration

Not much for sale now, next price for Lod is .095 and the oppies have risen to .05 next price for sale is .07 lol