TSX:LSG.DB - Post by User
Comment by
jimylegson Jun 05, 2014 12:38pm
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Post# 22633756
RE:Therefore ifs Lakeshore produces
RE:Therefore ifs Lakeshore produces
It's nice to see they are achieving self imposed targets - and on the high side at that. What is concerning to me is the share price takes all of the decent news in stride and shows no upword bias. Heaven help us if a quarter turns out to be below forecast. I don't think the shares would hold up to well to any tough news. What is needed to help this sector (not just LSG) is 1. a higher gold price - not looking too promising, 2. In the case of LSG, more proven reserves from new exploration - not sure about that one and 3. industry consolidation - this is bound to happen as the big guns circle the wagons of these juniors at cheap prices. I'd take any one of these in a LSG press release because the news that keeps coming is nothing new and largely ignored.