TSX:LSG.DB - Post by User
Post by
silvarlineon Jul 19, 2008 12:50am
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Post# 15308948
SH Price Volatlity A Concern? Nope!
SH Price Volatlity A Concern? Nope!We all know that LSG has the GOLD and has sufficient capital to bring several of their mines into production without further financing.
Just think, regardless of what happens to our shareprice, or further financing, LSG will survive and $prosper$ as a gold producer. Indeed LSG (not a brokerage firm) now controls it's destiny. I imagine that must piss-off some of those "high and mighty" brokerage firms.
So the obvious shareprice suppression is becoming more a nuisance (now) than a concern. What's becoming apparent is that the shareprice has nothing to do with the business of LSG. Obviously there's an agenda and for the most part "we" (JOE -PUBLIC) are being "played" or should I say PREYED upon
As some posters have already suggested - exercise patience. Some of these market (maker) "entities" will do anything to push you out of your position. If Hochschild, with all it's mining and exploration expertise pays $2.40/share, then it's got to be worth at least that much anyway.
Reality check - There's a very few junior companies out there comparable to LSG , NOTTA one.
Sell? Not on your life and neither should you!
Buy, Hold and Accumulate.