Painful to Watch... Anyone that has followed me over the years knows full well that I am very knowledgeable when it comes to Lake Shore Gold...I know the story very well...I did make a very good pass...but...left the play over a year ago.
It is just awful for me to watch individuals that I have come to know over the years sit here day in, day out...week after week...month after month...waiting for some miracle to come along and "save the day"....not going to happen!
Will all do respect...please...sell this "dog" and move on...you will get your money back and make money....but...not with LSG.
This thing is broken and they will be chasing more funding in the months and years to come...any expansion at Bell Creek such as a new shaft will require, depending on the depth anywhere from 70 to 100 Million dollars to complete and it will take years to "sink" it.
This is most definitely not a Market Friendly Stock!
If you like, I do have a suggestion for you in order that you can replace this "mess" and begin to make money and it is in the same ball park in terms of stock price only!
Buy Brigus Gold (BRD)...and...buy it soon!
Confirmation of a break-out just happened with amazing volume (accumulation) from both sides of the border to get there!
Sell your LSG tomorrow and buy BRD right after...months from now you will be more than pleased and the stress that LSG is causing you will be lifted...it will feel very, very good!
It is that easy...act quickly!
Respectfully,
Digger144
P.S. A good friend is one that cares and gives "you" good advice and guidance...and...never gives up on "you"...no matter how stubborn "you" can be!
Break up this relationship and move on! This Sector is about to take-off...you will be left behind and one that is on the outside looking in such as myself can clearly see this!
The market is sending you a clear message...open you mind...eyes!
I cannot believe that Makuch it still there...just terrible...to be sure!