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

RE:RE:RE:RE:looking at the cash flow

[LexMark747]

ERTguy wrote: Yup 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

Vey good point ERTGuy ..... The price of gold is showing a negative declining triangle. Silver had the same declining triangle as gold has now and we all know that the Silver broke though support on a break down. It does not mean that gold will do the same thing but you do have to be very cautious on golds negative technical chart. We all have to be patient with these charts and read them the best we can. Mark