TSX:LSG.DB - Post by User
Post by
kkkrrrron Feb 04, 2016 10:51am
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Post# 24523920
my view on LSG...
my view on LSG...
..LSG is a really good commpany with great assets .. the problem here is.. the stock is fairly valued @ 1.35$ ...the marketcap of 600 millionCAD maybe is high enough for a 180000 oz p.a. producer... it will cost money ramping up production and drilling for new resources...
i sold my half position today and switched to NMI and TGZ ... only because they are a lot cheaper..both are debt free ,are producing 200000 oz. p.a. at nearly the same all.in.costs as LSG...
i will wait until LSG comes back to 1.10$ at a possible weakness in POG ...