TSX:LSG.DB - Post by User
Comment by
HARJAYon Oct 19, 2014 8:37pm
461 Views
Post# 23042177
RE:RE:RE:here full article
RE:RE:RE:here full articleI ask WHY NOT a 150% increase in 5 mths. When gold went from under $1200 to it present level of $1235 or so LSG barely budged. It shoud have moved a bit more than it did but other issues such as the downdraft in the mkts. in general happened and that affected everything including gold equities. Plus i'll bet there was some margin calls that acaused people to sell someof their previous winners over the last 6 mths or so. When gold starts reflecting the world turmoil and as the article said the safe haven that gold usually reflects the POG will continue to rise and the mkts will seek out the co's that show continuing production growth and stable and improving balance sheets.
LSG is one of those co's. 1.a rising gold price , 2 .increased production, 3.good and potentially higher grades, 4. lower costs, all translate into a higher S / P , how much higher who knows but if all the stars come together just as a few yrs back when all the negative stars came togther to drive LSG down to the unbelievable depths it plunged to , the positive stars can come together to suprise us all and drive it up to a level that will make us all have a great big smile on our faces and say yes we believed, stayed with it and now are being rewarded for our patience and belief.