OTCQX:LMCNF - Post by User
Post by
mercedesmanon Aug 22, 2019 4:49pm
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Post# 30056681
I like the projection of 650,000oz by 2021
I like the projection of 650,000oz by 2021https://www.theaureport.com/article/2019/08/21/coverage-initiated-on-gold-producer-with-strong-growth-on-the-horizon.html
Endeavour (currently 700,000 oz) has a market cap of just under $ 3B
Leagold is currently only a measely $ 700M (so far)
And I could make a sound argument that EDV is 30 to 40% undervalued at the moment.
$ 10/sh for LMC, starts to make sense in two years...with sound execution (which is what you get under Woodyer). Higher if gold surpases old USD highs.
MM