Post by
apo99 on Dec 06, 2010 12:33pm
what happen?
red again.. and no news from LMA..... might pick some up
Comment by
waddy41 on Dec 06, 2010 3:06pm
I guess people are getting impatient...The only negative I see is that their cash cost per oz is a little high...other than that LMA looks solid..
Comment by
URnotU on Dec 06, 2010 4:18pm
Ivory Coast election happened...doesn't LMA have some property (49.5% Ity Mine) there? Lot's of protesting going on.
https://www.cbc.ca/world/story/2010/12/03/ivory-coast-election.html
They did have a civil war back in 2002. Very poor country
Comment by
BearBullBrian on Dec 06, 2010 4:35pm
Interesting...this is likely why PRU is down as well. It's complicated this global village of investing.BBB
Comment by
lowpickr on Dec 06, 2010 10:16pm
The Sudan factor is a likely contributor with La Mancha's recent down trend. There is major upcoming referendum on independence for southern Sudan taking place in January and there are fears of conflict and possibly another civil war.
See:
https://www.modernghana.com/news/307217/1/sudan-to-be-or-not-to-be.htmlhttps://www.strategypage.com/qnd/sudan/articles/20101206.aspx