La Mancha Resources Inc LACHF

New shareholder

[RetiringYoung]

I can't believe what a great, positive and informative board this is - rare on Stockhouse these days and a bit disconcerting lol. Where are our bashers???

It also went totally quiet the last few weeks. Is everyone on vacation?

None the less, I grabbed an initial 10K shares this pm @ .425. Year end will be released Mar 27th and Q1/09 in early May. I believe that once the market sees they are hitting production guidance, LMA will hit new highs.

I don't like buying after the runup the last few months but believe they will generate +/- 90-100K oz this year and at that rate, this multiple is a joke.

Also, the float is less of an issue with AREVA's holdings taken out. I will continue with 10K grabs at any pullback.

Retiring Young

[mouserman]

Probably a good strategy - i suspected this stock would pull back a bit here- since NOV probably one of the biggest gainers in the gold producer arena- nearly an 8 bagger from end of nov to Early March. Gold stocks for the most part gave some back today as it appears that the euphoric market believes the US latest inane strategy will solve the worlds economic problems., amd so POG dropped.But fact