TSX:LSG.DB - Post by User
Comment by
AuandU308on Feb 06, 2008 2:51pm
378 Views
Post# 14327560
RE: PvE on LSG
RE: PvE on LSGPVE never had much of an opinion of this. IMO Embry did though its unclear of his current sentiment. Analysts continue to project a target of $3.25+. Wonder if WTM will be the diamond in the rough. At the last NR for WTM., SP of LSG was active while WTM was not.
I suppose we rely on more drilling information on WTM, Casa Berardi and maybe vogel to further establish value
Here's the LSG mention:
Caller: Yes, paul, thank you for taking my call howard. Paul I waswondering what you thought of lakeshore gold just sort of long-termoutlook held it for a couple of years now, and guess it hasn't gottenbeaten up as bad as some stuff but wondered what you thought of it forthe long run. Thank you.
>> It all depends on what you thinkthe long run is. I mean, for professional traders they sometimes thinka long run is a long weekend. If in the long run you're seeing fiveplus years the question going to become if they can survive anydownturn in the market and any freezeup in liquidity. If we have aparadigm shift among investors and they're reluctant to fund the ex-forplace to the sam extent they have been companies who burn through theirtreasuries are going to find it difficult to survive. And you know so,rally what you have to do is decide for yourself what is the long run.Look at the burn rate and see if they're going to survive in the longrun and then decide from there oN. You know again I'm not going to buyany lakeshore as i told you earlier and i would be very concerned aboutwhat you think the long run is.