Is it possible that this tiny little company is sitting on all that resource?,this report /link would imply it is. Obviously very speculative at this stage but a market cap of circa 21 million but a potential find of $1.2 billion and possibly double that as leaks from the recent AGM hit the B/B community.

Ive had a speculative investment, sorry that should read bet in this company today. It takes some believing and being the sceptical/cagey devil that I am, im just trying ways of basicaly trying to put myself of this company.

If anyone is interested I suggest you do your own research and dont throw money away that you cant afford. Remember I believe its highly speculative

Heres the report....

http://www.proactiveinvestors.co.uk/articles/article.php?LND



DYOR

Sorry, GF - looks like profit-taking is on the breakfast menu at Landore: LND Bid: 21.5p Offer: 22.5p Change: -0.75

So, Big Al, looks like you've got a chance to get in more cheaply :o)

GF, re "undervaluing", experience shows that these miners take a long time to reflect the NPV of their projects in their share price. Billions of dollars' worth of resources (or reserves, which are the better of the two) do not immediately translate into billions of pounds of market capital, as you're well aware. Hence my cautious approach to valuation.

Again, TMC is valued at just below 100 mil, and it is already producing, whilst having three very large resources. LND is still proving up its resources and so may take a while to reach that kind of valuation.

IMO/WDIK, etc. But I hope there's a bit more steam left in the recent run-up, given that miners have been so popular.

Yep Id agree with you on your opening point ST.

Still think theres a lot more in this short term.

Was bound to have a profit taking day after the strong run its just had.

Added again on the pull back.

Congratulations on your timing, GF. I certainly hope there is more in the short term. Having stuck my neck out and bought a large chunk of this at pretty much the high point yesterday, I am doing my best to keep a cool head.

Are we not expecting drilling results in a couple of weeks?

Goldfinger, apologies for O/T, but take a look at GOC. SP: 117p, estimated EPS for 2007 - 2008: 23p. Loads of very useful info in the RNS's and on thread.

st - you were right. Checked this evening and order was filled. ;-)) Not a large position, but may depending on how things go.

Consolidating at the moment.

I expect more activity possibly as early as monday on a drilling report.

Al, glad you're in - and hopefully at a price with which you are comfortable.

GF, I would be very happy indeed if we see some good news on Monday.

Very comfortable with this one ST.

There was bound to be profit takers coming up to the weekend.

Good stuff, GF. BTW did you get a chance to check out GOC? Excellent prospects, IMO.

Ticking up today (finally!): LND Bid: 19p Offer: 20p Change: 0.5, 108K or so traded.

Yep a return to form.

Should be more to come.

Blue again.

Should be a drilling report out soon.

Pretty low volume, but let's hope the rise continues.

TMC is really doing the biz at the mo.

TMC as really done well ST.

Im still confident on this one.

Doubled up this morning.

Yep its starting to look promising again.

Hey up,

whats going on here?.

Dunno, but I like it! LND Bid: 19.5p Offer: 20.5p Change: 2.5

Big sigh of relief.

Just over one mil traded, too, which is healthy volume. More on the way tomorrow?

Nice double up. ABC retracement and off she went on, as st says, very healthy volume.

;-))