TSX:LSG.DB - Post by User
Comment by
goldhappyon Dec 28, 2012 11:28pm
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Post# 20779453
RE: About BMO downgrade to Underperform
RE: About BMO downgrade to Underperform IMgold...if analysts always got it right most of us would not loose money. When the stock is going up the analysts push the price higher. When the stock is dropping the analysts push the estimate lower. Rarely do I see them step out of the box and save me money with their opinions. They have it all wrong with LSG. They should all stay quiet for now. The only people that really know the direction of LSG is the corporate board. That is their job. They tell us where the company is going. LSG has missed on the time line. I sleep well knowing the grade of ore is just fine. Likely they are holding back a bit on raising the mill head grade to ward off take over bids.Having a little debt and underproducing keeps everyone just a little off balance. I spent many years around many mines and management. This group is doing a fine job building a mining company.