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Bullboard - Stock Discussion Forum Leagold Mining Corp LMCNF

Leagold Mining Corp is an exploration stage company. It is engaged in the acquisition of gold mining operations and advanced-stage development projects with a focus on Latin America. It has four operating mines namely, Los Filos Mine; RDM Mine; Fazenda Mine; and Pilar Mine. The firm operates in two geographic locations: Mexico and Brazil.

OTCQX:LMCNF - Post Discussion

Leagold Mining Corp > I like the projection of 650,000oz by 2021
View:
Post by mercedesman on Aug 22, 2019 4:49pm

I like the projection of 650,000oz by 2021

https://www.theaureport.com/article/2019/08/21/coverage-initiated-on-gold-producer-with-strong-growth-on-the-horizon.html


E
ndeavour (currently 700,000 oz) has a market cap of just under $ 3B

Leagold is currently only a measely $ 700M (so far)


And I could make a sound argument that EDV is 30 to 40% undervalued at the moment.

$ 10/sh for LMC, starts to make sense in two years...with sound execution (which is what you get under Woodyer).  Higher if gold surpases old USD highs.

MM
Comment by woolco on Aug 26, 2019 10:20am
At today's gold price this is a 5 bagger in 2 years....higher....sky's the limit. 650k oz gold per year...come on...worth well over 3B  valuation. Easy money still!! Insiders know...as one of the few buying their own gold stocks at today's pricing Still a mispriced asset....but as of this morning ...a few people spotting it for sure!~h
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