TSX:LSG.DB - Post by User
Comment by
JRaffleson Sep 16, 2014 1:36pm
483 Views
Post# 22940730
RE:Coming weeks
RE:Coming weeks
With AISC of $784 per ounce (page 8 of PM Summit presentation), I am not seeking to wait to purchase this stock any lower.
Today, I purchased 10,000 @ $1.14
My last purchase was at $3.03 in Sep 2009, which was sold in Dec 2009 for over $4. Therefore, I know that this stock can move to the upside in the right conditions.
However, with the AISC of $784 and cash costs of $556 in 2014 Q2, the shares are probably as well placed as any company that I know.
I shall be please to hear what price you eventually make a purchase.