Post by
goldhappy on Jun 27, 2013 5:21am
Bought more shares
Will LSG go to zero or back up is anybodies guess right now. I've seen mines spend a lot of money on development. Seemed like it would never end. Once the engineers turn on the production tap the muck really begins to flow. With the increased tons and grade and lower spending up go the profits. Everyone gets a pat on the back and money flows back. It seems like forever as the cash thins and the pressure grows as the development continues. Then that reversal happens. As I read idlefreebirds comments I can see a reversal coming. This is not hype for the stock. This is facts Tony even talked about this week. I may not see my $4 price for a long time but I am betting 25 cents is gonna look like a pretty good deal by the New Year.
Comment by
skier59 on Jun 27, 2013 10:16am
At this price I had to take a position, just seems way too cheap :)