TSX:LSG.DB - Post by User
Post by
ossyw11on Jul 07, 2013 7:10am
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Post# 21592787
Next Week
Next WeekNow that the avalanche of selling is over, we can now finally expect both the value players and short term traders to return to LSG. There is no question we have turned the corner and the only cloud sitting out there is Sprott's debt and LSG's immediate, current cash needs. For our medium term needs, Tony has sent all of the right singals - and he needs to keep pounding away until they are heard -:
Conservatsm on his projected production numbers (a lesson learned)
Attention to cost
Focus on mining higher grades
Communication to the market
We should expect to see active LSG insider reports now that the quiet periods are over, sending a further strong signal that we are moving to significantly higher share prices as LSG's corporate culture improves.
Sinply put, either the market will recognize that LSG is out of the danger zone and significantly undervalued, or one of the 3 majors conducting due diligence will look to make a steal. It's one or the other IMO.
Its interesting to see signals from New York (ie: JP Morgan) advising that it is time to go overweight in the metals sector. LSG will be noticed and it will take interest from only one or two major players to squeeze our shareprice to $0.75. We won't see these prices again (ever) so if there is no movement next week, buy more. It's simply an opportunity to catch the lag between news release and analysis and the coming buy recommendations.
It's been a rough couple of months, but it is going to be well worth it...GLTA...JRMJ