1oldtimetrader
4 years ago
A MESSAGE TO LUCKY MINERALS MANAGEMENT.
As a long time shareholder and supporter, I feel the need to rip a strip off you all.
This looks like the worst run junior exploration company in history. Gold is strong, Ecuador is the hottest mining in the world, Lucky properties in Ecuador are supposed to be fantastic, the company is well funded, and now we have a company that puts out positive PR's with no buy-side volume and the stock is offered 10 cents CDN.
It's a shame that the management group here seems (IMHO) oblivious to how to run a PUBLICLY TRADED junior mining company. Correct me if I'm wrong!
Losing market momentum like this is unacceptable. Period.
LEARN HOW TO WRITE A COMPELLING PRESS RELEASE WITH A DECENT HEADLINE.
HIRE A REAL IR FIRM TO REPRESENT YOU.
HIRE A REAL SOCIAL MEDIA FIRM TO REPRESENT YOU.
BW2020
4 years ago
(From Ryan D. Long, LinkedIn).
Lucky Minerals has extended the size of the El Garo #epithermal alteration zone to 1.6 km x 0.8 km, but it remains open in all directions.
El Garo is characterized by vuggy silica, hydrothermal breccias with a silica matrix, jarosite, alunite and advanced argillic alteration, all typical of epithermal gold systems.
A soil sampling programme over an area of approximately 4 km x 2 km is expected to begin next week.
Roland Rick Perry
6 years ago
Initiating Coverage.
Ecuador: The Largest Gold Rush in History? Initiating Coverage on Lucky Minerals (LKMNF).
Resource-rich Ecuador has truly been barely touched by modern exploration techniques until the most recently elected President Lenin Moreno began to implement decidedly mining-friendly policies over the past three years.
This isnโt a โnew-discoveryโ gold rush. This is a โchange in Governmentโ fueled gold rush, that will make the California gold rush look like childโs play.
The worldโs largest mining companies have known for decades that billions in gold, copper, and molybdenum lie below Ecuadorโs surface. They just werenโt able to recover it, facing a hostile political environment, including a recently abolished 70% windfall profit tax established in 2009 by Past President Correa.
Up until the late 2018 repeal of the tax, billion-dollar gold mining companies simply said, โThanks, but no thanks.โ
Ecuador is an OPEC nation suffering from $50 oil like all OPEC nations and oil accounts for 40% of its exports. Despite the potential for political interference in the future, we believe this gold rush is here to stay. Ecuador is done suffering. Itโs โMake Ecuador Great Again.โ
Fact: The government in 2015 created the mining ministry and announced plans to promote 36 projects to produce gold, copper, and molybdenum estimated to be worth $200 billion. Near term, Ecuador plans to attract $3.7 billion in mining investments in the next two years, up from $270 million in 2018 and add $826 million to its tax coffers between 2019 and 2021.
IMPORTANTLY, while we recently become bullish on Gold, the opportunity here with Ecuadorian Gold and with Lucky Minerals is not dependent on rising gold prices. It simply has to do with finding Gold. Gold is priced at $1300+ an ounce and the experts agree, Ecuador will have the least expensive Gold recovery costs in the World.
If anything a rising price for Gold will simply act as a double-barreled upward force on the share prices of all 12 of the publicly traded companies listed in our report below that we have uncovered operating there.
During our research, we uncovered Lucky Minerals as the lowest priced and least expensive miner in the country, with a market value of $5 million. May the force be with us. Read our report below.
Ecuador Gold Report. http://internetstockreview.com/ecuador-the-largest-gold-rush-in-history-initiating-coverage-on-lucky-minerals-lukmf/
(Client, see report disclaimer for disclosure details)