GREY:LACHF - Post by User
Comment by
Bobwinson May 08, 2009 1:32pm
332 Views
Post# 15978667
RE: RE: RE: RE: RE: RE: RE: Great News!!!
RE: RE: RE: RE: RE: RE: RE: Great News!!!Big gold stocks like Goldcorp trade above 20 times cashflow. Small caps average around 10X cashflow but LMA will have to consistently produce for 2009 before they get anywhere close to 10X. I would say if things go right for LMA, they could see 10X cashflow in 2010 but 5 to 7 is reasonable for 2009 as they prove they can be profitable and cashflow similar to Q1. Also the market needs to fully recognize the upside potential because LMA does have some short life mines. We need VMS potential from Hassai to give LMA some sex appeal for the future. $0$0$0$0Need steady increase in production and cashflow plus some home run potential to excite investors. $0$0$0$0$0Bobwins$0