Spoke to management today, LRDR, will be disappearing in the very near future. The amalgamation of lrdr into Explorer's Alliance will be a split of 10 larder shares for 1 Explorer's. They are waiting for the commission to approve an updated financial statement.
This company has 3,000 claims in the Timmins area, and they are tied on to all properties that have potential. They have done their homework. This should be interesting, as they also have a project on going with a partner in Quebec. Explorer's has 51% and the other company has 49%, they have spent, a great deal of money on this project, and as it is ongoing, is a good sign. They will be concentrating on, (in the Timmins Camp), Carscallen, Reid, McDermit, and Thornloe, and rumours say, there is a drill in Bristol township. They will be also concentrating on the "Half Moon Lake Project". It's been a long time coming.
Regards |
