NYSEAM:LSG - Post by User
Comment by
TedOwenson Jun 19, 2015 9:54am
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Post# 23848042
RE:LSG is massively undervalued
RE:LSG is massively undervalued
The outstanding share levels are responsible for the current share price and at the current gold price, unless production reaches at least 250,000 ounces annually, the current valuation is about right where it would be.......Once a company becomes a gold producer, even great exploration news takes second place in the valuation arena until such promotional news becomes tangible towards the companies bottom line........Nonetheless, LSG will be in a much better place once the discovery ounces become production ounces and when gold turns around, this company will be a moon shot.......