GREY:LACHF - Post by User
Comment by
RedHorizonon May 12, 2010 6:44pm
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Post# 17092319
RE: RE: RE: RE: Very positive
RE: RE: RE: RE: Very positiveI certainly agree that Q1 production and cash costs were disappointing. I am making the point that their comments on Q2 are very positive. If they can produce 42000+ ounces in Q2 this will be record production by a wide margin, it will certainly generate record EPS for a quarter.
I think that is what it will take to get the market to give them the credit they deserve. They need a quarter which is a BREAKOUT quarter. One which is WAY better than any previous quarter. Next quarter looks like it will be the one to me since we have 42000 ounces coming while we're enjoying $1240 gold. When they show a quarterly report with EPS up let's say 50-100% vs. Q2 2009, the funds will take notice. And it isn't the retail investor who will take LMA to $5, it's the funds.
GLTA