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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 > One of the best answers yet
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Post by peep2 on Apr 24, 2013 10:54pm

One of the best answers yet

by Frankenstein as I affectionately call him.

From

'The gold panic of 2013', by Bill Fleckenstein

https://money.msn.com/bill-fleckenstein/post.aspx?post=40cf0a4b-8553-49ce-ad8c-b59c6b6b3cca

"'The best thing we can do is go on with our daily routine,' said Nurse Ratched

Said differently, the increase in the gold price from $300 to $1,900 was about central bank actions, and the next leg will be about the consequences of those actions. This is because, so far, people have believed there have been, and will be, no consequences, but that is totally untrue. Rising gold prices will silence most of the naysayers, but how fast they may convert into buyers remains to be seen."

Comment by df2830 on Apr 25, 2013 8:14am
No, LSG did start with a greta deal more fanfare than most.  However, most juniors, and especially late stage development juniors are in a similar boat.  BRD went from $2 to 0.60 as a quick example.  There is nothing good here, just saying it's all bad, LSG is in good/bad company.  
Comment by BrahmaViddo on Apr 25, 2013 8:33am
Every gold company has gone down, its just that LSG has fallen harder than everyone else.... the summer will be here shortly; historically its the worst time for gold stocks.. LSG could touch the low 30 cent range...
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