LOD - Lodestone Energy

[ColB]

Re: LOD - Lodestone Exploration

Originally posted by DuckMan

"Slowly creeping up - although on small volumes. Just hit 6c a few minutes ago. Has been a nice steady rise over the past 6 weeks. Might be getting close to announcement."

One buy order for $28,000 worth at 0.057. Low volume, yes, but someone keeps popping the 100 - 200k order in at the top of the queue to accumulate in my opinion. Just can't buy big without the SP running up too quickly.

 

[Duckman#72]

Re: LOD - Lodestone Exploration

Hi Guys

LOD appointed a new Director. Announcement out today. But why set the bar so low? 2 Million options at 7c. Why can't they make these Directors earn their money!!!!

Duckman

 

[YOUNG_TRADER]

Re: LOD - Lodestone Exploration

Has really done well these last few weeks

The new director looks to be a CSG boy so looks like LOD is really serious about becoming a CSG player and while it is a bit band wagonish you can't argue with the SP performance

Fast approaching previous high of 8c the questions is will it break through?

 

[Duckman#72]

Re: LOD - Lodestone Exploration

The new director looks to be a CSG boy so looks like LOD is really serious about becoming a CSG player and while it is a bit band wagonish you can't argue with the SP performance

Fast approaching previous high of 8c the questions is will it break through?

Just hit 7c.

In my opinion YT, you might be underplaying the CSG potential for LOD with your comment that they are a "bit band wagonish". When you take into account the locations and the successful history of the directors I am thinking that this mightn't be just a side play as an afterthought. It could be significant.

Price is doing the right thing anyway!!

Duckman

 

[ColB]

Re: LOD - Lodestone Exploration

Close of 0.077 cents up 11.59% today. Fair volume. Sell side not even filled.

Looking Nooiice!

Still got these things in your bottom draw YT?

 

[YOUNG_TRADER]

Re: LOD - Lodestone Exploration

Yep ColB

Waiting to see what the CSG may hold, although have taken a few off the table last few days, couldn't help it after seeing it fall to under 2c call it risk minimisation

This ain't the only stock in my bottom draw rumbling it along with a few others have well and truly jumped out onto my desk

 

[Duckman#72]

Re: LOD - Lodestone Exploration

Opened today at 8.5c.

Doesn't seem that long ago when it was 2.5c - when will the ASX ask for information regarding reasons for the rise?

Duckman

 

[YOUNG_TRADER]

Re: LOD - Lodestone Exploration

Duckman, the ASX is too busy making sure its recieved all of its fees, job of regulator should never be in the hands of a profit driven organisation

But on a positive note DING DING DING new high for this stock, GFC? What GFC???

 

[Duckman#72]

Re: LOD - Lodestone Exploration

There was a market sensitive annoucement out late yesterday afternoon.

Progressing as scheduled.

Duckman

 

[Duckman#72]

Re: LOD - Lodestone Exploration

After a few weeks of down and sideways movements, LOD's popped back up to finish at 8.4c after hitting an interday high of 8.5c.

Let's hope it keeps going.

Duckman

 

[Duckman#72]

Re: LOD - Lodestone Exploration

Ran into the 9's today and then finished off the day at 8.9c.

Very pleasing. See in the report just out they have given Directors some achievable incentive bonuses of $2M each if shares hit 25c. All except Lance Grimstone who will get $4M.

Hope they get them!!

Duckman

 

[YOUNG_TRADER]

Re: LOD - Lodestone Exploration

Duckman, the ASX is too busy making sure its recieved all of its fees, job of regulator should never be in the hands of a profit driven organisation

But on a positive note DING DING DING new high for this stock, GFC? What GFC???

Ding a new high for old LOD 9.4c hard to believe this was 1c a few months back

Amazing turnaround, hats off to the company for seeing the value add in CSG and repositioning themselves accordingly

Well done to us holders who bottomed drawed this during the collapse

 

[Duckman#72]

Re: LOD - Lodestone Exploration

Ding a new high for old LOD 9.4c hard to believe this was 1c a few months back

Amazing turnaround, hats off to the company for seeing the value add in CSG and repositioning themselves accordingly

Well done to us holders who bottomed drawed this during the collapse

It has shot up to 9.5c after opening this morning.

There might be further announcements due out soon. The ASX haven't asked any questions yet?

Duckman

 

[YOUNG_TRADER]

Re: LOD - Lodestone Exploration

You'd think now that 10c has been broken it will become the new support level

Its been a slow steady rise Duck, thats why I think the ASX is leaving it alone, that and the fact that they don't always question rises when they should imo

 

[Duckman#72]

Re: LOD - Lodestone Exploration

You'd think now that 10c has been broken it will become the new support level

Its been a slow steady rise Duck, thats why I think the ASX is leaving it alone, that and the fact that they don't always question rises when they should imo

Finished at 11c today - a rise of about 25% from yesterdays close. Whatever is happening I hope it continues!!!!

Duckman

 

[Duckman#72]

Re: LOD - Lodestone Exploration

Nice to see that LOD's have stayed relatively stable at 12c over the past few days. Always more buyers than sellers at this stage.

Also nice to see the Directors put their money back into the company. Lance Grimstone purchased more shares on market in his Superfund. Always provides more confidence when they're buying rather than selling.

Duckman

 

[LRG]

Re: LOD - Lodestone Exploration

can't believe i bought this over a year ago around 3c sold later as a basket case for just over 1c had 500K of them.

with the wisdom of hindsight at 12.5c today - would have done well

 

[Duckman#72]

Re: LOD - Lodestone Exploration

Another jump today. After opening at 12c it has climbed to 14c.

The exciting thing for me about this share is that it has climbed on the back of very little announcement news. But with Directors still buying I think the future announcements to come may provide some good news.

Duckman

 

[YOUNG_TRADER]

Re: LOD - Lodestone Exploration

But on a positive note DING DING DING new high for this stock, GFC? What GFC???

And again a new high reached yesterday of 14.5c amazing turnaround from 1c lows simply amazing!

The key for me now is to find the next CSG/UCG plays

 

[Duckman#72]

Re: LOD - Lodestone Exploration

And again a new high reached yesterday of 14.5c amazing turnaround from 1c lows simply amazing!

The key for me now is to find the next CSG/UCG plays

Hi YT

Call me crazy, but I'm interested in how this share is going to go when they actually announce something.

I wouldn't be too worried about finding the next girl to put your arm around - love the one you're with.

Duckman