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Bullboard - Stock Discussion Forum La Mancha Resources Inc LACHF

GREY:LACHF - Post Discussion

La Mancha Resources Inc > LMA history
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Post by RetiringYoung on Feb 24, 2009 2:31pm

LMA history

I'm a bit leery of a junior resource play that's already approaching it's 52 week high. Was LMA a new listing in '08???

If they can produce 100K oz in '09 the mkt cap looks very good right now. Do they have a history of coming thru???

Retiring Young
Comment by RedHorizon on Feb 25, 2009 1:13am
RY:LMA started trading in 2003 I believe.  It was previously a $2.50 stock before they had this level of production.  So I respect your caution about not wanting to buy a stock at the 52 week high, but it is still undervalued IMO.I got into the stock in 2008.  Over the past year they have been coming through as the recent news releases show.  Prior to that I am unable to say ...more  
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