TSX:LSG.DB - Post by User
Post by
goldhappyon Jan 24, 2015 12:01pm
397 Views
Post# 23359162
Cuurent Events
Cuurent Eventshalf price oil , 20% dollar discount , hike in gold price......
all in cost may be down to 800?? selling at almost $1600 per oz CAD
Produce 200,000 oz this year at $800 per oz is about $160,000 million CAD profit....
That's if LSG can maintain these levels.
I hardly see this stock dropping.
Add to that the possible new reserves and what about a mill expansion. New potential feed from the 144 area. That only escalates the future growth. All this for a buck and a bit.
Almost forgot the GIANT Bell Creek Mine !!!
Who ever is the large volume buying during the day is very careful not to drive the price up quickly. Someone is buying the shares when you see the daily volumes at current levels. Is it all one outfit gathering 10% a little at a time. Is it several companies doing the same deal. I'm going to play my hand to the end of this game.