TSX:LSG.DB - Post by User
Comment by
bobshereon Jun 26, 2013 8:38am
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Post# 21573064
RE:Share buy back
RE:Share buy backI doubt you will ever see a share buy back. If the price of pog keeps going south these mines will have no choice but to suspend operations eventually and quite possibly bankrupt. They have a large amount of debt. Dont get fooled into a bottom here either....tax loss selling will crush these stocks more in the second half of the year....I'm sure glad I got out when I did. Gold was a dream a year ago. It has now turned into the biggest nightmare ever.