TSX:LSG.DB - Post by User
Comment by
goldhappyon Nov 08, 2012 4:05pm
399 Views
Post# 20578468
RE: RE: RE: RE: RE: RE: net loss per share quadrup
RE: RE: RE: RE: RE: RE: net loss per share quadrup hardrockminer65...it is more complicated than building a house or condo. Very specialized work with its own unique problems. You could also look at this a different angle. Management worked on some pretty heavy duty projects from acquiring property,exploration the property,developing the mines and building a mill. Lets not forget trying to arrange finances and manpower for every facet of the operation. As much a whiner as anyone else holding burnt shares I can see value for my money. LSG is turning out way better than I expected. I am not related to the board or pumping the shares. I sit here a bit shaky with my savings on the line. I considered taking a write off and moving on to greener pastures. I used what due diligence available to my skills and ability. I tried to share ideas on this site to have people critique my thinking. Together many of us put forward our thoughts and here we wait. Ranting and raving helps some vent their impatience...including myself. Much fear is the unknown. The risk and will we be rewarded? A quick profit lost. My good young man try to remain patient and we will all be rewarded...including myself with $4 shares. Yes the high end. My timing was off. My averaging down was off. It hurts right now. LSG is going to turn a page of it's history from spending to recouping. The 80 share is a gift to the wise and patient. A friend once gave me similar advice. I only have his memories now. He told me to be more patient with the market and profit will flow. It took many day trades for me to realise I traded daily profit...pennies when the real profit was gleaned doing homework and holding for the larger gains.