TSX:LSG.DB - Post by User
Comment by
Minefinder1on Feb 22, 2010 5:15pm
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Post# 16808341
RE: RE: RE: Down 5% ??
RE: RE: RE: Down 5% ??Clearly a lack of production news is hurting it. Doesn't matter at this point how many drill intercepts they run out if they can't show they are getting it out of the ground this puppy is going nowhere and if they don't hit their production targets it's going nowhere but down. This is no longer an exploration story - it's a reserve, resource, production story and I'm not sure that management has that figured out yet. Exploration results alone will not sustain this market valuation - hopefully getting over to Thunder Creek will pick up some of the slack from Timmins West but don't count on any serious upward move until the market sees first production numbers and costs.