TSX:LSG.DB - Post by User
Comment by
HARJAYon Aug 23, 2012 12:34pm
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Post# 20252526
RE: Closer to the Prize
RE: Closer to the Prize I agree. LSG is back on the right track, slow and sure. Liquidity issue is not a relevant issue any more.Production will grow, and with a better market and the POG rising the S / P will come back.Its problems are generally behind them and as long as there isn't any more surprises and they meet their targets its onward and upward from now on. 12-18 mths from now i wouldn't be surprised to see this back to that $3 - 4 level it was previously and within the next 3-5 yrs its a solid mid tier producer,in the high double digits, if it doesn't get taken out sooner, but it won't be at anywhere close to were it is now.
My opinion only !!!!!
Best,
HARJAY