Market's view on Lexington Gold
Published on April 2024
- Lexington Gold announces the start of its South African Drilling Programme.
- A stock watcher highlights the transformative potential of the LEX acquisition with 37 million ounces of gold.
- Positive anticipation among holders for Lexington Gold’s performance in 2024.
- Discussion on the necessity of a significant fundraising for the development of the expanded entity.
- Reports of billionaire Mr Midas’ involvement with Lexington Gold, transitioning it from a junior explorer to a major player with potentially multi-million ounces in the ground.
- Mention of a £2.5 million placement at current market price without discount.
- Observation of stock watchers who previously promoted Lexington Gold now selling their shares.
- Long-term holders are suggested to be prevalent, with little volume indicating minimal pumping.
- Details on assay results from the Argo Project in the USA, confirming significant gold mineralisation.
- Review of inflation data potentially benefiting speculative small caps.
- Mention of a stock watcher still observing and considering taking a position in Lexington Gold.
- Positive reactions to unspecified great news concerning Lexington Gold.