La Mancha Resources Inc LACHF

$3.70 Target

[stockseer]

La Mancha Resources Inc. (LMA : TSX : C$1.85 | SPECULATIVE BUY : C$3.70 target). La

Mancha is a junior gold producer under the stewardship of Dominique Delorme. LMA

holds 45.9% of the Ity gold mine (Côte d’Ivoire), 51% of the Frog’s Leg gold mine

(Australia), 40% of the Hassaî gold mine (Sudan) and 100% of the White Foil project

(Australia). LMA is the operator of all its mining interests. LMA’s share of annual gold

production is ~100,000 ozs of Au, growing to ~130,000 ozs of Au by 2011.

[apo99]

Hmm price is pretty high......wonder it it will drop soon.  Lots of high volume last few dayswasnt the old target 4.20$$

[boomboom2]

Still rising while gold falls. Gotta love It.GLTA'BB2.

[phstock]

Financial is on March 29th.  LMA  is in 1.50-2.0  trading range since oct-nov and range is getting narrow. Looks like we are going in to higher trading range.  I doubt it will go below 1.70 but those who can pick up at that level will be lucky and will be able to make some quick money. Those who has timed LMA due to predictable NR timing will be back as it is

[ak27]

We need few catalysts in addition to the annual financial to propel LMA share in the $3 to $5 range.Any of the following releases could trigger significant price appreciation:1.     Positive VMS scoping study in April 2.     Commencement of White Foil operations in April   3.     Consistent flow of drilling results in any one of multiple

[twonxanity]

I am assuming this is a 12 month target. Targets of around $4 have been around for a few months now, but we have moved only slightly closer to hitting them. I would love to see this stock at $4, but I dont know how likely that is at this point. Maybe we will get sustained momentum for the earnings rather than a pop and drop.

[phstock]

AkThanks for good analysis and numbers.I am happy to hold this one as there is a good upside and most importantly for me I will be able to sleep without fear of loosing my capital.I noticed since Feb there is not much volatility and trading range is getting narrow. Also some of the long seems exit or reduce position because LMA is legging to its peers. At this point I think investor

[phstock]

WOWLooks like some stop loss were hit by big house. once again game is on may be big house.

[phstock]

"The 100%-owned White Foil project became La Mancha’s fourth gold mine when Phase 1 mining operations began on 4th March 2010. Mining operations are running on schedule to deliver ore for milling campaigns in April and September."Another milestone achieved by LMA team on schedule and market has yet to put value to SP.