La Mancha Resources Inc LACHF

Why is LMA falling? Is it Eritrea?

[twonxanity]

Why do you guys think that LMA is falling so much last couple session. Is it Eritrea or is it gold weakness. I am leaning towards gold weakness because this is typical of the price movement we have seen in the past when gold moves.

Does anyone have any recommendations regarding LMA. I have been holding but losing money.  I know canaccord set a price target of over $3, do you think LMA can reach that? It seems to me that this company gets abused and up to now management seems to have done a good job increasing production.

Lets try and have a discussion on what is happening.

[FortMacMoney]

Just my .02 Shareholders seem to have favorites.  For examples rare earth stocks had a big run a while back.  Gold stocks are not THE hot commoditiesright now.Gold’s price is holding more or less steady and looks like it may havesettled.  Investors seem to belooking for the quick buck and are moving their money into to and out ofdifferent stocks trying to get rich quick.I

[twonxanity]

I agree with you, but I am also dissapointed with how quickly investors have been selling this off. Even without the belief that gold will keep shooting up this is still a great profitable company and investors seem to be overlooking that. It seems that the only thing thats moving it's price these days is the gold spot price and now the actual fundamentals of the company.

[anything]

evg sold off the same way and then they announced an equity financing.

[boomboom2]

I wouldn't put to much emphasis on lma's recent decline In share price, all the gold stocks are doing It. Perfect time to load up on the PM's.GLTA,BB2.