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

TSX:LSG.DB - Post Discussion

LAKE SHORE GOLD CORP 6.25 PCT DEBS > NMI outperforming LSG by a whopping 25% since Q2
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Post by ts9222 on Sep 06, 2015 12:58am

NMI outperforming LSG by a whopping 25% since Q2

NMI the company that was called cr@p on this board is outperforming LSG by a whopping 25% since Q2 earnings.

https://finance.yahoo.com/echarts?s=NMI.TO+Interactive#{%22customRangeStart%22:1438401600,%22customRangeEnd%22:1441512000,%22range%22:%22custom%22,%22allowChartStacking%22:true}
(click on +Comparison to add LSG.TO to graph)

I tried to hand people on this board a big wad of cash and got slapped in the face instead by people who are married to one company. No they don't want the easy money, they prefer to stay loyal to the company they married. NMI was at a crazy low P/E of 2's when i first mentioned it here, now it is in the P/E of 3's, still crazy undervalued (ignore the financial sites that display wrong earnings because they didn't take into account the 5 to 1 share consolidation after merger). Australian dollar gold price currently above A$1600, way above what they sold at in previous quarters.
Comment by PetroLoonie1 on Sep 06, 2015 11:33am
Here's a link to a promo re NMI from August. They have an AISC of $985 and 2015 production guidance at 220,000 oz gold. Havent bought this yet, still doing DD.https://www.equedia.com/best-undervalued-opportunities-you-never-heard/?utm_source=August+3%2C+2015&utm_campaign=August+3%2C+2015&utm_medium=email
Comment by ts9222 on Sep 07, 2015 10:25am
Don't be obsessed with gold price in US dollar as many other people are. It is meaningless to nmi whose expenses are mostly in Australian dollars. They had great earnings when they sold gold at A$1522 in H1 2015 and was profitable when gold was near A$1400 last year. Gold is currently way above that near A$1600. Their AISC will obviously be much lower in Q3 with the continuing plunge in the ...more  
Comment by snoopdogs on Sep 07, 2015 12:49pm
Nmi should have a higher share price. They have just completed a 5-1 rollback, any company can do that, meaning old shares are worth 25 cents. AISC will be higher next quarter, but if the new management can keep expenses down then this will be a 2 bucks faster then LSG. It defenatly does have potential once gold starts its trend upwards, but so does LSG.
Comment by ts9222 on Sep 07, 2015 2:44pm
I just finished saying AISC will obviously be lower next quarter because of the plunging A$ and you claim the opposite lol The 5-1 rollback is to allow institutions to buy it. Most institutions aren't allowed to buy shares below $1.00 If gold price goes up every gold company goes higher. But the difference is which is more undervalued and has more potential. NMI will go up even if gold ...more  
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