TSX:LSG.DB - Post by User
Comment by
bossuon Jul 15, 2014 2:49pm
368 Views
Post# 22747643
RE:RE:CIBC Target Price Raised to $1.50 from $1.00
RE:RE:CIBC Target Price Raised to $1.50 from $1.00Exactly what I was saying at the end of last week about ''Analysts'' CICB might not be the only one to raise their target price ''to $1,50 from $1,00.'' There must be some others to come forward with new target and I would like to see a $1,90 target for now. But gold price has to stay over $1300 US. In the mean time , LSG SP stays quite strong with that 2 days $40 US downward slide and each ounce of gold poured bring a $ 400 US or 20 M free cash flow per quarter!!! A simple look at the SP chart says all and it is good to have a consolidation at the actual price level.