TSX:LSG.DB - Post by User
Post by
bubbleworldon Feb 12, 2014 10:55am
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Post# 22199828
Don't fall out of your chair
Don't fall out of your chairI bought in November and I am happy to see it going up but I think a few of you are getting too excited. As the POG has gone up, the USD/CAD exchange rate has been slipping a little bit.
Link: Yahoo USD/CAD
At the time I write this 10:50 AM on Feb 12, 2014 the POG in CAD is $1423 or basically flat compared to yesterday.
We're doing fine, I expect to see a little profit finally in the Q4 2013 report, and an even better Q1 2014. The main question is how much of the good news is already priced in.