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LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB



TSX:LSG.DB - Post by User

Comment by ERTguyon Oct 28, 2014 6:22pm
302 Views
Post# 23069902

RE:RE:RE:looking at the cash flow

RE:RE:RE:looking at the cash flowYup that works as well depending on where you're measuring from.  Either way the top line is still around the same and the theory behind it breaking above the top line or below the lower line still stands.  you Need to watch this very closely now as the trading range is tightening up!  The concerning factor is that the price of gold is also narrowing its descending triangle pattern and this is where it gets tricky because now one has to consider if this is going to follow the trend of gold or break out and form its own trend independent of the price of gold.   My thoughts on this is that if LSGs financials are expected to be good, unless there is a huge surprise, I see this following gold for the time being.  That's not to say gold itself won't reverse if the U.S. Dollar has topped off.  Obviously growth of the company in the long term is going to pay off, but for the short term all you can do is make your own educated guess based on market conditions, the sector, and the company.  The markets are a funny things sometimes and never cease to surprise me
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