La Mancha Resources Inc LACHF

share price due for a big drop?

[jimrabbit]

i don't like the stock chart for this one - looks like it's getting set to drop off a cliff, IMHO
of course i have been wrong once or twice

[jimrabbit]

if it doesn't hold around $2.20 will be at $1.50 quick

[ak27]

why? Are you full of cash or something else?LMA fundamentals are intact and with the expected Board of Director approval of the gold/copper project in Sudan, things are looking good.Mind you two recent ominous development: one, civil war in Ivory Cost is about to break out and two, 2011 may see Sudan breaking up in two, Christian dominated South and Arab North. Guess what? Clouds are gathering and

[jimrabbit]

political risk is no fun - take crystallex for example - these deposits ain't in Kansas

[laxzilla41]

CRY had 1 mine in one country, yes it was a huge deposit but 0% of anything is still zero.  LMA on the other had has only 15% of their production affected by this situation, the bulk of their production comes from other sources, so your comparison is not valid.

[jimrabbit]

so far it's being supported at around $2.25 so we shall see...

[jimrabbit]

looks like 2.20 is the new upside and the downside should be 1.60 or so