TSX:LSG.DB - Post by User
Post by
ossyw11on Aug 20, 2013 7:16am
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Post# 21682767
RBC
RBCRBC was on the investor call where Tony provided some guidance that they either ignored or didn't want to add to their report.
I understand that we can expect average grades exceeding 5.0-5.5 gpt but higher each qurter into 2014. I understand that output is in the 3,200 range today with gpt exceeding 5.0.
Do not sell your shares. Use any weakness in the coming weeks to buy more. You will be glad you did as historic cashflow is coming. Forget our good friends at BMO and RBC who simply use historic weakness to predict the future. They may have another agenda.
LSG's position today is very different that only a few months ago. Tony - get on a plane and see some institutions in NYC and Boston and provide them with some guidance. One or two strong institutional buyers will cause some panick short covering. That market move would bring our Canadian analysis in line and create some bullish momentum for a ripe fall gold season. You've done your job - now its time for you to tell your story. There has never been a better time. JRMJ