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Lomiko Metals Inc. (LMR.V)

TSXV - TSXV Real Time Price. Currency in CAD
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0.11000.0000 (0.00%)
At close: 3:54PM EDT
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  • W
    WillyBaldy
    Just joined the party @ 9.5 cents folks. Trying to add more @ 9 cents but I doubt it will go through, ask is drying up. I would just like to balance the argument that Lomiko is debt free. Yes it is debt free, but it's very standard for a lot of juniors to be debt free in exchange for heavy dilution. They don't generate revenue, how do you think they can keep going until they reach production? There's no such thing as magical money. So, to pumpers in here (and there's many) keep in mind that we could get massively diluted before production is reached and this could negatively affect the share price. I personally think the risk/reward ratio is worth it at sub 10 cents, but there's still lots of risk and I've seen juniors being massively diluted to oblivion before. Check NCU, massive dilution *and* lenders are calling, just a tiny bit before the finish line. I still prefer dilution over borrowing, but sometimes when share price is too low, borrowing is the only option.
  • J
    Jazzy
    Nice jump!
  • V
    V
    Thanks for the cheap shares. This is at minimum a 10 bagger in the mid-term. Not selling a single share until $1 arrives.
  • V
    V
    Almost spit out my coffee seeing the nice little jump. Honestly didn’t expect to see movement for months so this is a nice surprise. 👍
  • J
    JORDAN
    When this was in the .20 range price moved up and down a lot. now it just seems to sit all day with maybe half a cent movement back and forth. Even on great news of pea it jumped up for like 1 hour then came rite back down. How was this over .20 before the pea and now only .11 after? I'm bullish just wondering when it will get moving
  • R
    Remon
    It’s great to see upward move!
  • P
    PeterPuck
    The PEA has just been filed. 274 pages. Do your DD -- this is a good project.
  • R
    Remon
    The price target is at $ 0.31/ share. Great opportunity to grow!
  • D
    Dustin
    This has been continuously losing value for 7 straight months? What gives? Deciding if this is worth starting a position.
  • J
    Jazzy
    Bought some more! Anyone know what the next catalyst is for this company?
  • D
    Dblock
    I spoke with Paul yesterday and we had a lengthy conversation. They have no plans of being bought out. He said he did that once with a company in Peru as they were bought out for $500 million and project today valued at $20 billion. Also, they have no plans of doing a reverse slipt at all as this was a fear of mine. The plan is to have the mine built and running by 2025. This is a stock to own 250k -500k shares in it and literally just leave it for 4 or 5 years. With 2 of 12 holes drilled and 2 billion plus of value of Graphite confirmed in the ground, l feel good about this company. GLTA
  • J
    Jazzy
    Excellent news this morning!
  • V
    V
    For those who haven’t already watched, highly recommend checking out one of their recent videos on YouTube with the CEO (Paul). He speaks more granularly about the PEA (speaks about the valuation could easily double if graphite meets NOU’s estimate) and also touches on how they’ve still got 10 unexplored sites, including their lithium property. Love the proximity of their site to Montreal, offers ideal access to both Europe and the US for EV companies. Yahoo won’t let me link it unfortunately.
  • V
    V
    I was just comparing our PEA to NOU. They calculated with graphite at $1,492. LMR used graphite at $916. This means that LMR is worth significantly more than $0.86 CAD per share right, not including its lithium site and other assets. That’s gotta be the minimum NOU would have to pay to buy us out, and I’m honestly wondering if that discounted PEA was intentional for that very reason. I would expect a buyout to come while this is still cheap and before the lithium site is touched.
  • R
    Remon
    It will move upward soon!
    Load more as you can!
  • V
    V
    Is anyone else having trouble accessing their website today? Won’t load for me on any browser.
  • V
    V
    Graphite property PEA: $185M value Share count: 215M

    This is 650% away from the fair value of the PEA, which doesn’t factor in this company’s patent, lithium property and other assets. There is not a better deal in the entire stock market.
  • M
    MM
    Guys how long does it take to go up? is it a long term game?
    Paul said they need 4 years to make a profit
  • R
    Remon
    @V I appreciate the way you love this stock and share useful info not only here, but also in various chats. I'm lucky to get IN here..