La Mancha Resources Inc LACHF

This is not.....

[casa9988]

an intermediate producer. It will take a few years for this to go beyon5 dollars....

[Nergy]

It.s probably more likely it will go beyond $5 next year, since there is no other company out there with better production and exploration growth potential.

[RedHorizon]

One analyst has a $4.25 target on LMA right now.  That report came out when gold was between $1000-$1100 if I remember correctly.  $5 per share now is completely reasonable if they produce the 140,000 ounces this year.140,000 ounces with a $700 pretax margin per ounce is $98 million in EBITDA.  ($1250-$550 is the pretax margin).A $5 share price equates to 7x this EBITDA run rate