RE: perspective Here's some perspective. LSG is a junior mining stock, and the ENTIRE gold sector, especially the junior miners and explorers have been under huge selling pressure since April of 2011. In fact, I know of only a handful of miners/ royalties that are even close to highs or above the 200 day moving average. FNV, RGLD, GOLD, AUY, among a few others. The rest of the sector has been decimated.
Now the price of gold is currently higher than it was a year ago, the price of oil is 15% lower than it was a year ago, but the price of almost all miners, and resource stocks in general are much lower than a year ago.
Now many so called juniors or explorers are just guys sitting on holes in the ground asking for money. LSG actually has MINES. They PRODUCE. And they are expanding organically. And the price is just around 1.00. As far as I know this year they have not been serial issuers of stock, they are cashed up about 120 million, over 25% of their entire market cap.