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LOD - Lodestone Energy

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Re: LOD - Lodestone Exploration

Various threads but basically quoting YT and copying his thread but there was a lot of chatter on it yesterday.Take a look
 
Re: LOD - Lodestone Exploration

alankew said:
Word of caution here,not having a go at YT or others but if you take a look at HC it was the talk of the town yesterday so might pay to wait till the dust settles if you are wanting in
Click to expand...

Yes I can see this and CAG are doing well this morning.

I went for CAG rather than LOD, just because of short term I thought CAG was better
 
Re: LOD - Lodestone Exploration

Hey Grace,

I never said MEE and LNC had pilot plants next door, just that they were next door,

For me to discover that was refreshing as prior to that I just thought they were projects in Qld, however knowing now that they have some very successful neighbours next door makes me somewhat more bullish

Anyway as I have said from day 1 when LOD was 5c it was a cheap play to coal (Ans I took both LOD and CAG as they were both cheap) what I'm waiting for is this Experts report from the company, all the ramping in the world will mean nothing compared to that, how high this companies mkt cap goes is IMO based on how large a deposit we're talking about at Application 1302 Veresdale Scrub Deposit (EPC 1302)

Given all the ramps on HC the stock may now become a bit volatile, but I'm waiting for this report as it alone will determine value

But thats just my opinion
 
Re: LOD - Lodestone Exploration

ans25 said:
Yes I can see this and CAG are doing well this morning.

I went for CAG rather than LOD, just because of short term I thought CAG was better
Click to expand...

Hm why do you think CAG is better than LOD short term

Also what about long term which one is better in your opinion

thx

MS

 
Re: LOD - Lodestone Exploration

Dont get me wrong I think LOD has a lot of potential but currently I bought CAG at a touch under 3c so I thought it had better returns in the shorter term period of 1-3months, simply because I believe that it will gain some momentum leading up to production.

I think LOD is too reliant on the report which will be coming out, so its a bit of hit and miss. But like I said LOD has a lot of potential esp since its so cheap and also COAL, its just a bit unfortunate that I dont have the $$ to invest in this, Iv invested a lot in CAG.
 
Re: LOD - Lodestone Exploration

Well LOD is making progress

They've just announced the appointment of a new director/Geologist




LODESTONE APPOINTS NEW DIRECTOR
The Directors of Lodestone Exploration Limited (“Lodestone”) are pleased to
announce the appointment of Mr Lance Grimstone, B.Sc.(Hons) Geol, Grad Diploma Management, F.AusIMM., CP Geo., M. MICA as a non-executive director.
Mr Grimstone is a geologist with over 35 years experience in exploration, mining and civil engineering, with a wide spectrum of activities. He is well versed in many commodities but it is his experience and expertise in the mining geology of Eastern Australian Coal Operations which are most highly regarded by industry.

For the past decade Lance Grimstone and Associates (Consulting) Pty Ltd was retained to manage coal exploration activities in Central Queensland for Joint Ventures associated with Macarthur Coal Limited and continued to generate new discoveries throughout the Bowen Basin such as Moorvale (now an operating mine), Olive Downs, Codrilla, West Rolleston, Vermont East and Wilunga.
 
Re: LOD - Lodestone Exploration

Yes indeed YT you don't employ a mechanic if you don't own a car, so to speak :

Coal sure seems to be the focus for LOD at present and management are putting the right directors in place to cope with the future Eastern sea board coal job at hand ,very very positive Annoncemnet this Lance Grimstone Directorship a man of his calibre and experience dosent get on board with out something big on the go if you get my drift .

Wouldn't you just love to have expert coal report (priceless)
 
Re: LOD - Lodestone Exploration

alankew said:
Word of caution here,not having a go at YT or others but if you take a look at HC it was the talk of the town yesterday so might pay to wait till the dust settles if you are wanting in
Click to expand...

WHilst LOD was well discussed it was nowhere near "the talk of the town" compared to CFR.

"Waiting for the dust to settle" may equate to "missing the train" if the next lot of announcements are favourable.
Interest is building so advising people to wait sounds more like trying to minimise price pressure allowing the poster to buy more at lower prices possibly??:

I hold.
 
Re: LOD - Lodestone Exploration

Or maybe not Shaunrice has come off a bit today just didnt want people getting caught buying in on the frenzy.
 
Re: LOD - Lodestone Exploration

alankew said:
Or maybe not Shaunrice has come off a bit today just didnt want people getting caught buying in on the frenzy.
Click to expand...
Come off a bit? This has been pumped, now a 25% dumping from its high point today. Have to wait now and see if the buyers are still keen.
 
Re: LOD - Lodestone Exploration

I think every trader and his dog got on board monady and are now dumping because they didn't get a 400% increase overnight

They don't give a rats about fundamentals, just trade trade trade

Well I'm a fundamentals man and for me this ain't a trading stock, its a cheap coal stock which should have an Expert update out very soon detailing the potential size of its coal resource/deposit

Its an ann that I am waiting for and hence will try my best to ginore all this other noise in the background
 
Re: LOD - Lodestone Exploration

alankew said:
Or maybe not Shaunrice has come off a bit today just didnt want people getting caught buying in on the frenzy.
Click to expand...

Yes point taken alan
It was difficult watching today. Some profit taking or over ambitious buyers on Monday. I hold for the upcoming ann.

 
Re: LOD - Lodestone Exploration

Well LOD is kinda holding up well considering how crappy the mkts are,

Its amazing but I have failed to take into account how **** the mkts are, I mean they're really getting slammed, so the fact that this little battler is holding on to some gains is amazing, perhaps I was to quick to blame traders, perhaps alot of holders just went bearish

I just hope the DOW turns prior to the Experts Report coming out providing us with 2 boosts in a way
 
Re: LOD - Lodestone Exploration

YT i just hope for holders that the report is as good as people expect as based on your work that has been copy and pasted elsewhere could be another DMM
 
Re: LOD - Lodestone Exploration

alankew said:
YT i just hope for holders that the report is as good as people expect as based on your work that has been copy and pasted elsewhere could be another DMM
Click to expand...

Alan it could be, or it could be another CAG BMY CFR

The mkts make no sense to me atm, specs run up and hard ( ie CFR 100%) yet fundamentally sound plays get sold off (ie DMM)

DMM to me is the cheapest Fe play, yet mkt hates it

LOD is in Aust and its mkt cap is still like $10m-$12m, which to me is undemanding,

I will make my valuation assements once I see the report,

Regardless the mkt is the final judge
 
Re: LOD - Lodestone Exploration

Woah LOD is getting smashed, down almost 30% today and down around 40% from recent intra day highs of 8 cents, speculative stocks not holding up that well with the current market sentiment, maybe if the expert report is decent could see this trading back up at 8 or 9 cents
 
Re: LOD - Lodestone Exploration

The baby getting thrown out with the Bath water as they say

The mkt cap is now $7m or something, I mean come on!!!!!!! take away the cash and its got an EV of probably $5m

Once we see this experts report if say there's 100Mt's of Coal who wants to take LOD over with me?

An all cash ASF takeover???? lol
 
Re: LOD - Lodestone Exploration


The ASF Predatory Hedge Fund I'll set up a discretionary trust now. Could be an interesting idea YT.
 
Re: LOD - Lodestone Exploration


I haven't got into LOD yet although it's been on my watch list.

I was cautious when it gapped up and sort of almost made an evening star at the top, so I stood back for awhile.

If that candle 3 had been half a cent lower it would have been a classic evening star and set for a considerable down trend... maybe that spooked a few in the current market enviornment.

But seeing as it didn't quite make it, it could come back when the market sentiment turns.

PS: I think your right. There are some incredibly cheap junior explorers out there at the moment.
 

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Re: LOD - Lodestone Exploration

LOD is now a coal speccie, the coal futures got claw in the guts the other night, I've watched some guy on Bloomberg TV press home that usa has been upping their coal production, maybe the futures are aching from over production. Anyway July-15 is the close for the SPP, got mine in the hands with cheque book ready for some 3 cent shares. Luck to LOD
 
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