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LSR - Lodestar Minerals

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thats a very realistic timeframe you have come up with there steelinoz

thanks

sp may move on some anticipation after nov 23rd, but more likely dec
 
Well looks like selling has dried up on LSR and has found a solid base to build upon after the SP.

An announcement of drilling would be well recieved and be the start of a run on the shareprice.

Lets hope results are what we all hope !!
 
Hi

The consistent posting about this stock has caught my eye, however I have not had much luck with research. I was wondering, as a 'spec newby' if you would mind pointing in the direction to find out more about investing in Nickel, ie trends (as opposed to what it's used for). Also, i've heard it referred to as the 'Devil's Metal' - why is that? :eek:
 
From very early times nickel-bearing minerals, such as niccolite, were mixed with glass to create green glass. This was called kupfernickel which means Devil’s Copper. When nickel was extracted from niccolite, the mineral name was a logical source of the name for the element, nickel.

hope that helps mate.
 
Thanks Steelinoz! Very much appreciate the explanation and the links. Downside - now I have to do some reseach over my weekend :)
 
up yesterday, down today. slight fluctuations untill clearance given, drill and roadshow commence. looks like december going to be an interesting month.:D:D:D
 
announcement expected before end of this week, expecting to see the SP finish above 20cents end of the month IMO. (due to roadshow and drill commencement)

DYOR
:)
 
bryos said:
announcement expected before end of this week, expecting to see the SP finish above 20cents end of the month IMO. (due to roadshow and drill commencement)

DYOR
:)
Click to expand...

Hi Bryos,
How do you know about the announcement being due ? I haven't seen anything about this yet, you must have better sources ? Please share what you know, would be good to see some news from LSR sooner rather than later. Been very quiet...otherwise they will be sitting in boardrooms with Santa instead of some fat guy with wads of cash...
 
Mr Jeff,
From my source on Hotcopper, I was hoping the announcement was yesterday as he ("Retrac") stated
"When I spoke to the company they said they were hoping to make an announcement Wed. If all goes to plan the drill will hit the ground real soon."

Also from CBro - which was the 29/11

"Just been advised that Bill Clayton is on site with 5 TO's for the next two days going through the proposed drill site locations. If all goes ok they will start drilling immediately."

I still believe if everything has run to plan then we will have news very shortly.
 
2 forum members on hot copper have contacted LSR:

- heritage clearance has been completed ,they are just waiting for the formal letter in writing which should be arriving in the next day or two before they can begin clearing drill pads (john435)
- I spoke to management as well and got the same message as John. They want to start drilling before xmas and are going to mobilise a free rig from Perth.
(retrac)

might see a move in SP by end of the week
:walker:
 
Well have heart, there are no announcements yet, so there are no assumptions worth making. Just some people running scared of a retreat.

The chart is not pretty and it is in effect saying run for the hills if it gets near 11c, but I note that the action has been quite erratic - a strong advance, then a sell down again, then repeated. This could be accumulation leading up to an announcement, but all speculation...
 
LSR down to a low of 11 cents today finishing the day closing at 11.5, doesnt seem to look to good with charts saying sell
 
I broke my rules for this stock and waited, they have probably no news to offer that is going to support a run, so they are possibly waiting. Be careful.
I have opted out based on the chart looking a bit iffy, agree with you there abs1
 

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