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Bullboard - Stock Discussion Forum LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

TSX:LSG.DB - Post Discussion

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Post by HARJAY on Aug 15, 2013 2:09pm

Yup gold up

Gold

Commodity Units Price Change % Change Contract Time(ET)
COMEX Gold USD/t oz. 1,360.30 +26.90 +2.02% Dec 13 13:31:16
Comment by westernjon on Aug 15, 2013 9:42pm
Hey there Harjay, I remember you from LSG boards. Look, I've got $2500 I want to put back into gold mining sector. Not LSG, I'm already in for 5000 shares at $1.51 cost. I'm looking for something new. I like Premier Gold but think I missed the boat. What about Saint Andrews ? T-SAS Any other ideas? Gold will skyrocket in the longterm. I want to be in with a safe company. Jon
Comment by LexMark747 on Aug 15, 2013 9:57pm
Premier Gold Mines Ltd,  It only has 6 1/2 years history with 152 million shares in its float.  It is not a producer but an exploration company.  It has found a couple of good veins at 98 gpt but has an awfull lot of weak finds eg. 1.98 gpt.  Gold corp also has it fingers in their cookie jar. St. Andrews gold......bottom line their is that it's all in sustaing cash cost ...more  
Comment by westernjon on Aug 16, 2013 1:55pm
Thanks for that Lexmark! Didn't realize SAS costs were that high! Scratch them off the list.......
Comment by HARJAY on Aug 16, 2013 7:28am
Hi there westernjon Remember your name from a while back. Hope things are well with you, not talking about the mkts. ,which have been horrible past few yrs, talking about other things in life. I am flatered that you are asking me for advice but i am not a professional investment advisor and would not want to steer you wrong. If i was i would be a wealthy person LOL.  Don't know ...more  
Comment by westernjon on Aug 16, 2013 1:59pm
Things are puttering along Harjay, thanks for asking. Having a good year compared to the last 4. (Life, not finance) Maybe will research bankruptcy trustee companies. Invest in one of them. Haha. When interest rates get unleashed, look out! Glad I am debt free. Jon
Comment by rajags on Aug 17, 2013 3:54pm
West-jon, your best bet would be to buy LSG now at around 50 cents. That'll bring your average for 10,000 shares down to 75 cents and you'll have a better chance of making money than getting into another company with a lesser chance of share price increase. Just MHO.
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