Lara Exploration Ltd

Multi-commodity exploration portfolio in Brazil, Colombia and Peru.

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Message: gold price

A spike in the price of gold and silver will help the stock but I do not think that it will be the turning point for this stock. Long term high prices make it more feasible to mine certain areas and will increas the overall revenue. People however tend to put money in the unhedged players which are also large caps.

As I have stated in previous posts, we need some good news to move forward otherwise we are range-bound.

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