GREY:LACHF - Post by User
Comment by
lhornson Jul 15, 2012 1:50am
305 Views
Post# 20114453
RE: RE: I am sorry but .....
RE: RE: I am sorry but ..... I appreciate everyones feedback but my point is this co was not in any desperate situation to sell in this market.Something stinks here.Gold is going to $2000 plus.Copper to$4 plus. This co is going to be worth a lot of money and to sell for under $500 mil sucks.We can all take our money and put in other co's but its going to be tough to beat LMA's potential. I can also tell you when gold finally starts its uptrend again the seniors and mid tier co's are going to move way before any juniors will.If you remember the tech bubble the juniors outperformed in the final blowoff stage(first three months of 2000) Some of these juniors are doing some really cheap financing with warrants to stay alive.I am positive tou are going to see some 10:1, 5:1, 3:1, 2:1 rollbacks on some really good jr's.Be carefull where you put this money.I am looking at the HGU(gold co's double etf) or HZU (silver double etf) Only trade these no longterm hold.