TSX:LSG.DB - Post by User
Comment by
LexMark747on Jun 22, 2013 7:46pm
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Post# 21564758
RE: Obviously not making money!
RE: Obviously not making money! Here's the thing. Keep focused on the price of gold itself....we are now in the last leg down which i epect to get to $1,150 an ounce. June usually brings in the low for gold on the year. Expect 5 to 7 more trading days of a gut renching reaction while it approaches $1,150. Once it comes down to this figure expect a $300.00 to $400.00 rebound which will indicate the end of this two year correction. At that point Lake Shore Gold will do just fine. And as kingyahoo suggests, don't get all wound up over something that you can't controll. Myself, with gold at $1,150 to $1,175 i do plan on adding to my position of 40,000 shares. I will definitely accumulate here.