OTCQX:LMCNF - Post by User
Post by
templetooth2on Nov 14, 2018 5:57pm
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Post# 28976182
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The company is still in disappoint mode: shortfalls in production here and there, delays with this or tthat pr.oject. Q3 report due for release this afternoon will likely continue this recent history and Q4 is unlikely to be a barnburner, especially as the RDM mine in Brazil was shut for 2/3 of the Q.
All this at a time of a brutal backdrop of disappointment across most of the industry, tax loss selling, blah, blah, blah.
Despite all this, LMC is my fave gold stock. But, I recognize that this afternoon is unlikely to please and neither will the next quarter. Terrific medium term potential if the company lives up to its promise of becoming a 700,000 oz producer. This stock could still be in the doldrums through April. Cast iron stomach required. Good luck.