TSX:LSG.DB - Post by User
Comment by
mountainposeon Dec 17, 2014 11:34am
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Post# 23240117
RE:RE:Bebt repayment! VERY BULLISH
RE:RE:Bebt repayment! VERY BULLISHCurrent volatility is painfully scary and a big discount is being applied. Gold bugs are also tired of being swatted at. The usual logic behind gold valuation is not working because of the geopolitical situation we're currently in. Gold is like no other commodity. I also happen to know that institutional investors are a bit concerned about the mine life of LSG. Some say 5-6 years and it's down hill after that. My position is the current drill programme will extend the mine life. Also, and a very interesting proposition is that LSG could itself become an acquirer of assets if it gets it's debt to zero. The company's ability to go "cash flow wild" is very good. Another tip. Don't complicate your Technical analysis. When to buy? A simple trend line works perfectly well. Remember a bullish trend is a series of rising lows ( not highs as many believe) and a bearish trend a series of declining highs. Use a one hour chart for lSG. Go to stock-charts for the best road maps! Finally if LSG doesn't pan can you let me know where I might get some LSD?