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La Mancha Resources Inc LACHF



GREY:LACHF - Post by User

La Mancha Resources Inc > Seems Like A Great Company...
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Comment by RetiringYoungon Feb 19, 2009 8:11pm
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Post# 15791314

RE: Seems Like A Great Company...

RE: Seems Like A Great Company...Just found this as well Monty. I usually look for companies that are irrationally well off theior 52 week highs. One problem I see is that on the 52 week chart, they have had trouble broaching or holding .50 range that they are approaching now. Even at this low level, a retracement often follows a rapid rise and you see a selloff like today.

How does a company forecasting 100K oz (up to), trade at .40??? Is management reliable??
There must be issues so what can other longer term holders offer here. TIA

Retiring Young
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