OTCQX:LMCNF - Post by User
Comment by
peregrine3on Nov 15, 2019 9:34pm
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Post# 30359238
RE:RE:RE:A lot of Negativity about Brazil
RE:RE:RE:A lot of Negativity about BrazilI'm not really interested in comparing LMC to "most gold producers" uggg - mainly because investing in medium/large sized gold producers is not my game. Plus, that type of comparison is for the brokerage analysts who are sometimes in a conflict of interest with the companies they're covering. I've owned producers in the past but preference is for explorers/developers - more risk but more upside, without the operational headaches or surprises. Also, the price on the chart is a big interest for me - and LMC is going to need time and some big buyers to soak up that supply up near $3. The chart always tell the truth - in this case, the market is unsure or waiting to see if they'll actually hit their 2019 guidance..