Post by
goldhappy on Jan 10, 2013 2:54pm
Depressed Waiting
These low price levels sure have me stressed up. Need some spending profits. I can not understand how a debt free company with a mill and plenty of gold resource could allow the stock to free fall to these levels and still pay themselves a bonus. Perhaps now we have turned the corner on a steady move upward. I really don't expect much more increase in the stock price at this time. The market expects 85 to 100,000 oz...miss and we are hammered. Only a small number of drills exploring and defining gold resource compared to previous years. Tony has spent us into the corner. Does anyone know how much more money would be required to reach 5500 tpd milling? Anyone know for sure how long this will take? If it takes lots of money the stock will remain low. If it takes lots of time the stock price will remain low. This is the 10th of Jan and no published December results. This is absolutely pathetic. I don't expect a complete year end package. It would have been polite to the shareholders to give us the December produced gold last week when management were informed. I am really irritated that Tony makes us wait this long for the Dec results. I was originally looking for an upward surprise beyond 3000 tpd. Fat chance of any good surprise now. I can't even get a timely monthly result. Not having a good day seeing our board so quiet. Not having a good day with LSG waiting to drop another bomb on us. Perhaps I will eat these words. We will see. I want to see the bonus knocked back for not meeting original guidance of 3000 tpd. Sorry Idlefreebird...I'm very stressed about the slow pace of everything right now. I need some good "HONEST" forecasts and guidence. I got this aweful depressed attitude about LSG. It's getting harder to shake. We are gluttens for punishment.
Comment by
Sumcan2 on Jan 10, 2013 3:15pm
Goldhappy Last year the results were out on the 12th. They are not debt free but I don't their debt to assets is to high. There is more upside than downside at these share prices I believe.
Comment by
Sumcan2 on Jan 10, 2013 3:18pm
Sorry, should have previewed. Debt to assets I believe is NOT to high Sumcan2
Comment by
finnboy on Jan 10, 2013 4:03pm
Hey Goldhappy, I think we have a couple more weeks until all the tax-loss sellers have their positions back. I'm thinking the big players will do their best to keep the stock price under wraps till then. A little more patience and we should start to see some nice momentum. Of course that's all in my humble opinion but I've seen it happen before. GLTA
Comment by
Eagle-Arc on Jan 10, 2013 6:25pm
Hay Goldhappy hope that latest news relieves some of that stress, If not try a cold one in one hand & stiff shot of your favourite in the other, works for me every time. Cheers.
Comment by
Eagle-Arc on Jan 10, 2013 6:25pm
Hay Goldhappy hope that latest news relieves some of that stress, If not try a cold one in one hand & stiff shot of your favourite in the other, works for me every time. Cheers.
Comment by
Eagle-Arc on Jan 10, 2013 6:26pm
Hay Goldhappy hope that latest news relieves some of that stress, If not try a cold one in one hand & stiff shot of your favourite in the other, works for me every time. Cheers.