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LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB



TSX:LSG.DB - Post by User

Comment by Golfcar72on Oct 12, 2012 10:16am
190 Views
Post# 20477219

RE: RE: RE: .80's..looks like support is breaking

RE: RE: RE: .80's..looks like support is breaking

Walter, there's a lot of hyperbole in your post that is just plain misleading.

1)  "had they got 6 to 7 g/ton, they would be trading at $3 - $4" - Yes, and if Ford could sell a $20k car for $40k, they would be a much higher priced stock too.  Didn't/won't happen.

2)  "the market is irrational on the upside but also on the downside" - sometimes yes, but this news release was a stinky turd and the stock barely moved.  Clearly this was priced in and peopel knew (byebye) well beforehand.  Evident corruption is an integral part of the game.

2) "and finally and to be fare to them , weather you like it or not , they are hitting their targets , even if on the conservative side of the range"  - Their target range of 85-100k ounces in 2012 is like your kid setting a target of a D+ average on their report card.  

3)  "a stock with no volume and completly umpredictable" - Most investors would assure you, per a review of the daily trading, there is plenty of volume here to execute trades in a manner befitting your portfolio.

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