Post by
bigdaddycash on Jan 07, 2015 10:47am
Volume
high volumne again today when compared to other similar juniors. price is at least responding positively today. volumes and action do seem somewhat unusual. wonder it LSG IR woul be able to provide an explanation? anyone have any insights? gltals....
Comment by
bigdaddycash on Jan 07, 2015 11:05am
finn, thanks for feedback. hanging in there on LSG as I really cannot understand why current mkt cap is approxat $320MM USD? at this moment gold is $1440 CAD which is highly profitable for LSG and they have proven they can deliver - much more than other juniors. IMO we have to be rewarded. positive drill results would help. gltals.
Comment by
BrahmaViddo on Jan 07, 2015 11:51am
Why have you Longs switched to using CAD gold price? Does it help you out psychologically???? Do you prefer using it because its a bigger number compared to the US # which EVERYONE uses as a standard...
Comment by
sens93 on Jan 07, 2015 12:17pm
Hey Genius, it matters because their input costs (labour, fuel, insurance, etc) are all priced in CAD dollars. So looking at Gold in CAD dollars is a fair comparision when considering company profitability.
Comment by
mary-ally-smith on Jan 07, 2015 12:50pm
sens93, most of us put that loser on IGNORE. You're not doing us a favor by reposting his/her cr@p.