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



TSX:LSG.DB - Post by User

Comment by LogicArchaicon Jul 21, 2015 4:12pm
269 Views
Post# 23946041

RE:Capitulation Stage / Inhalation Stage

RE:Capitulation Stage / Inhalation StageThe gold scenario is all relative to cycles and the exchange rates, historically . The recent US advances in stocks should have a rude awakening soon, as they are once again overleveraged and buying risky assets on margin, particularly another real estate bubble. The inevitable downturn should keep gold relatively stable. 

I have also observed lsg's ifrs financials , Q1 this year was the best quarter for this company ever, as they have actually never made any money (with the exception of a measly 100k maden in 2010) up until 2014. They also almost doubled how much they made from the last quarter, so I can only see a positive trend here, even if the price of gold slips. And they've been doing this with deflated gold prices too. 25% of LSG is owned by institutions, which is quite impressive for a penny stock. 

The negative sentiment I'm seeing from people here seems to be fluff. This is a fairly good buy, even at these prices. Also the only stock I've ever seen thomson reuters, research team, value engine, and thompson first call  all agree that it is a "buy" This was at 1.13, but most estiimates were projecting a price of 1.50-2 

Also in terms of cash flow, the company had the highest Q1 net positive increase in cash flow ever in all its history, and this during deflated gold prices. 

TL;DR - You're full of sh*t
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