TSX:LSG.DB - Post by User
Comment by
tgelma15on Jun 06, 2006 9:29am
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Post# 10950782
RE: Management And Stock Options!!!!!!!!!
RE: Management And Stock Options!!!!!!!!!My understanding from other posts on this board is that there are 7 rigs drilling as we speak and have been drilling for a while now.
Using an example from ECU (one of the other equities which I own), they have news releases constantly and they have fewer drilling rigs on their site. This continuous stream of news has allowed for greater stability in the share price during this market correction and is giving the small investor an opportunity to make an easier "sell / no sell" decision. Gives people a sense of security in owning this equity knowing that the resource is there and getting larger. Investors seeing this don't mind waiting a few more months to see the stock price fly!
With Lakeshore all we are doing is guessing that the potential of 4.5 million ounces is present. Don't get me wrong, I am a believer of the story - I'm in for the long haul but would it not be easier on the nerves if we knew there was a continuous build up of reserves.
In business it's all about creating a demand. This causes price to increase. With lack of news here, the demand is low and the share price reflects this!!
NEWS, I WANT NEWS!!!