TSX:LSG.DB - Post by User
Post by
HARJAYon Oct 19, 2012 4:13pm
446 Views
Post# 20504637
Question ??
Question ?? If this co. is dead money for the forceable future, then why would it trade millions of shares every day and have very little movement Yes i know its been downward from a $1 lately but since early April its been in a trading range of $0.80 to $1.05 or so and has traded a lot of shares every day. Is this just become a day traders vehicle or has the price been kept in this trading rage for the last 6 mths so that an accumulation can be accomodated for the big institutions who when they decide will move the S / P when convenient for them.After all there is no denying that they do produce gold and that production will continue to increase. How does this production and future potential production compare to other co's productions taking into consideration the size of the float in comparison and the S / P of those other co's that can be compared on an equal basis.
Hope my question is understandable and makes sense.
Best
HARJAY