OTCQX:LMCNF - Post by User
Comment by
peregrine3on Nov 12, 2019 9:46pm
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Post# 30342960
RE:A lot of Negativity about Brazil
RE:A lot of Negativity about BrazilGood points and certainly you can expect gold producers to have some problems - but LMC might need time to sort out these issues. As you mention, there is potential and some interesting reasons to own LMC but they're going to have to iron out the kinks quickly. At the end of the day, the market is going to decide what this is worth - and that same market has gone from impatience to intolerance for medium/large sized gold producers who have done acquisitions that underperform. Right now the market is saying this stock is worth $1.95 - that's kind of tough on longs who recently bought up near $3