Every why hath a wherefore

Christmas cheer for Lara Exploration (LRA.v)

Some context is necessary because Lara Exploration (LRA.v) has had a rough year, just like the rest of the sector…

…and let’s not kid ourselves that the rally is on anything but modest volumes. However, the last few days of price action in LRA has been more than interesting…

…and insiders have been buying this move, too. LRA has its finger in many project pies and maybe, just maybe, one of them is showing something out of the ordinary (let’s recall, LRA is the same stable as Reservoir Minerals (RMC.v)). All in all, it’s pleasant to be able to write something positive and optimistic about a junior on this Christmas Eve morning, what with the year the sector has had.
So Merry Christmas to you all. Thanks for reading this humble corner of cyberspace this year, it wouldn’t have been the same without you. Catch you on the 26th, I’m off to enjoy some blazing hot sunny weather…and peel a bunch of potatoes.
Disclosure: Long LRA. It’s a longer-term investment position rather than
trading and I have no intention of adding or selling at the moment.

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