TSX:LSG.DB - Post by User
Post by
Goldblackon Jun 09, 2011 9:52pm
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Post# 18696741
es"LSG" PERFORMANCE VS "SGR"
es"LSG" PERFORMANCE VS "SGR"
I took a few minutes tonight to summarize the following re Lakeshore vs San Gold.. Back in in first week
of April (9 weeks ago) LSG was trading around $ 4.00 and SGR was trading around 2.50. Even as recently as
30 days ago(May 9th) LSG was at 3.74 and SGR was at $ 2.75. Today LSG closed at 3.11, down 5 cents
while SGR closed at 3.12 up 3.cents. Our trading premium per share over SGR has gone down from 1.6
to 1.36, to 1 to 1 even in 9 short weeks.
I have taken the following information from CIBC Analyst reports for both companies>
May 15/11 June 9/11
SGR LSG
Stock trading at date of report 2.58 3.52
1 YEAR TARGET 3.60 4.50
cah flow per share 2010 actual (.05) (.03)
cashflow per share 2011 est .14 .18
cash flow per share 2012 est .33 .35
price target at 11 times 2012 cfps 3.63 3.85
Add CIBC estimate of Fenn Gib. per share N/A .65
Total price Target. 12 to 18 ..Mos 3.60 4.50
LSG is currently receiving no credit for our new resource "Fenn Gib"
LSG reported a profit of 2.2 mil in Q1/11 while SGR reported a Loss of 5.3 mil.
LSG is been whipped down to rock bottom IMO. Better days ahead, one would think GLTA