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Bullboard - Stock Discussion Forum LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

TSX:LSG.DB - Post Discussion

LAKE SHORE GOLD CORP 6.25 PCT DEBS > Just a Loonie for LSG?
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Post by paperboy222 on Jul 15, 2012 4:12pm

Just a Loonie for LSG?

Volume seems to be drying up here and the share price stable @ a Loonie, Anything below is a Wal-Mart special. Plenty of cash in the treasury and I'm sure they would'nt have a problem getting more,the 120 Million should last them for some time. (Sprotts confidence speaks volumes)

Now if only some bears in Gold would get Gored by the Gold Bulls, We could see very decent returns for investing in LSG and faster  than other gold stocks would offer,  Lets see some stability in the POG and a Northern direction in SP and this ticker will rise quickly!!!  Summer dol drums will end in by September  and LSG will not be near a loonie, Hopefully closer to the Toonie Value

Long on LSG

Cheers

Comment by Golfcar72 on Jul 16, 2012 5:56pm
Wow, looks like normal & non-manipulative equity trading.  This should be the norm, not the 5 million shares a day bull-hockey we saw in the spring.
Comment by Nomad3 on Jul 16, 2012 6:35pm
with all the major consolidations in gold stocks over the last year, they are now sitting primed to explode.  Gold should move higher till november.  I dont see lsg much below these levels and once gold crosses 1650 it will run and LSG and the hundreds of other value miners out there will follow right behind.  
Comment by kaiserwongze on Jul 16, 2012 6:52pm
A couple minor postiive things to notice.   1.  This is the third attempted rally in LSG to sustain the 1.00 area since April, and so far it has lasted 9 trading days, the last one in June lasted 7.   2.  LSG has also outperformed the broader $HUI index and the GDXJ since early July.   Of course, this stuff is all pretty minor, but what the hey.
Comment by paperboy222 on Jul 16, 2012 7:07pm
Until the USA  address the financial mess they have dug themselves into, and acknowledge with clear signs how they will deal with this problem how can Gold be the wrong investment? Wait till they devalue their currency to make things looks better and paint things brighter for Mr Obama. Just a bandage on a wound that needs a complete operation and stitches to close up & mend! For ...more  
Comment by Shlinker_ on Jul 17, 2012 12:54am
I think a little consolidation before a bull-run, 1.50 in the next 2 months isnt a far cry. Good post kaiser, comparing to the ETF world can be a another valuable tool indeed.
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