Leagold Mining Corp LMCNF

RE:RE:I'm out

[peregrine3]

Thanks MM. I agree, there's a ton of value to be realized here - I have no problem seeing this hit $4 or $5 once resistance at 3 or so is cleared and it could happen quite quickly. I actually see the potential for this stock to hit $20 or $30 one day, given the right environment. Management does have an excellent track record - Endeavour was a huge success.

But perhaps doing business in Mexico and South America is a bit different than Africa? Let's put it this way - if you (the universal "you" on this bullboard) were part of the syndicate who just lent them $400 million, would you not want to know a bit more about the $60 million they paid to the Mexican tax authorities? Maybe it's not a big deal and the issue has been resolved - time will tell..

I was early to this stock because I liked the story. It's still a good story and you're one of the few people MM who understands this company - good luck and thanks for your insight.