TSX:LSG.DB - Post by User
Comment by
TedOwenson Apr 18, 2013 4:21pm
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Post# 21272074
RE: RE: RE: Support lost for the 40's
RE: RE: RE: Support lost for the 40's The stock price increase ratio will be no where near as favorable as it would be under an exploration return scenario. Minor increases in production are possible but unless they can be at a 50% increase in short order the stock price potential will remain minimal. Exploration is still where the big gains will come from and this has been stated unanimously and clearly from the major market commentators. A big hole could place the stock at above a buck in short order but it would take incredible production increase parallels to accomplish the same if at all. Most of the available money is discovery based money and will be for some time to come. Production entities that have small deposit models, Lake Shore included, will be cash strapped for many more years.