TSX:LSG.DB - Post by User
Comment by
ub40ehon Feb 01, 2016 7:15pm
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Post# 24514394
RE:$1.40 Ceiling
RE:$1.40 CeilingStitches I think your right, with the $105,000.000 of debentures out there... I think the glass ceiling is in tact until the market cant keep it under the magic Buck/40. We have the 100 million in the bank so we should be able to move forward....... but No. I'm a bettin Man and I think the number is $1,300 US POG. then look out,... a major flood of selling from all the players that want a reasonable profit, (the folks that bought Sub $1.00 profit taking and out) then away we go to the next level. I honestly think we will jump from the 1.40 to $2.00 in one foul swoop...... stay range bound for the next development and then another leg up......but for now (smiling) we wait. Good luck to all. it will come.