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Leagold Mining Corp LMCNF

Metals & Mining Industrial Metals & Minerals
Leagold Mining Corp is an exploration stage company. It is engaged in the acquisition of gold mining operations and advanced-stage development projects with a focus on Latin America. It has four operating mines namely, Los Filos Mine; RDM Mine; Fazenda Mine; and Pilar Mine. The firm operates in two geographic locations: Mexico and Brazil.


OTCQX:LMCNF - Post by User

Leagold Mining Corp > RDM
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Comment by peregrine3on Nov 06, 2019 11:01am
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Post# 30315657

RE:RE:RDM

RE:RE:RDM Just read Q3 results - looks like they're still struggling with the Brazilian mines and will be hard pressed to meet low end of overall guidance for 2019. One nice thing about high cost miners like LMC is the leverage they offer when gold prices go up (or input costs across the whole industry - ie. cost of commodities - go down) but buying this stock is a huge bet on management operating perhaps not the best of assets in higher risk jurisdictions..
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