LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

RE:LSG vs. Price of Gold

[TraderRookie]

You are absolutely right..The stock did got hit by falling gold price but is now recovering. The interesting thing is that all other gold stocks are still falling. But LSG is holding against the gold price.

This is due to the strong growth of the company. I wonder where ths stock will go if the Gold price increases in the next quarter. Today there was an increase in gold price and LSG stock responded quite well.
Also, we can clearly see that whenever the gold price increase from this point, the volume of the stock is huge. Today the volume was 3 million.

Definately worth to hold the stock till the gold reach atleast $1300 mark..If the gold is corrected..LSG should touch $1.50 mark soon...