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He knows it well and their president. Their recent project hit 220 meters almost 0.5% copper in Brazil. He sees the potential for a lot of ton, so now it comes to grade. He's looking for 200 million+ tons of 0.5% or better. Their
game plan is to bring in a partner after discovering a few more holes.
Prospect generator where they generate concepts, ideas, targets in Colombia, Brazil and Peru and they bring in somebody else to spend the money on it, testing the targets. Have 25 million shares out and have $5 million in the bank. Have 14 projects being drilled by partners. Just announced what could be a copper/gold intercept discovery in the Codelco region in Brazil that he likes the looks of.
(A Top Pick Sept 15/11. Down 10%.) Multiple commodities with projects in Brazil, Peru and somewhat in China. They generate ideas and bring people in to fund it and explore their projects. Their projects have done reasonably well. Thinks they have 15 projects that are being explored with other people’s money.
Lara Exploration is a Canadian stock, trading under the symbol LRA.V (previously LRA-X on Stockchase) on the TSX Venture Exchange (LRA-CV). It is usually referred to as TSXV:LRA or LRA.V
In the last year, no analyst issued a Buy, Sell, or Hold rating on LRA.V (previously LRA-X on Stockchase) on Stockchase. Read the latest expert commentary for Lara Exploration.
Lara Exploration was recommended as a Top Pick by Paul VanEeden on 2006-07-19. Read the latest stock experts ratings for Lara Exploration.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Lara Exploration.
Lara Exploration is covered by Stockchase experts and is worth watching.
On 2026-06-19, Lara Exploration (LRA.V) stock closed at a price of $3.89.