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

TSX:LSG.DB - Post Discussion

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Post by goldhappy on Aug 26, 2013 12:56pm

Question Folks

I rode this stock all the way down to 16 cents from about 4 bucks. I purchased shares all the way down to 28 cents. I'm told I was catching a falling knife and was advised against doing that. Now the price is creeping up slow and steady however shaky at times. Is now a good time to make slow steady buys to ride the train up? I expect only good news although I know better. Anyone else able to shed some light on this issue??
Comment by idlefreebird on Aug 26, 2013 2:31pm
goldhappy, our sails are up and the wind is behind us moving us foward. The water is calm , therefore enjoy the ride pour yourself a little dom perignon ha ha , not sure if that is how u spell it ha ha .Throw out a line and you might real in a couple extra fish .GLTAL
Comment by 05RfidRich on Aug 26, 2013 3:18pm
Your story is very similar to mine, i did the unthinkable an sold all my other equities and dumped all the money into LSG. I was lucky my average cost is now .41 on a huge pile of LSG shares, I am a believer in the new m ill and the people at LSG. I also believe that gold will continue to be bullish. I do not forsee any shares in the near future. I am afraid of a buy out from another company at ...more  
Comment by bosse on Aug 26, 2013 5:12pm
Goldhappy, Just to say that your story is about the same  as mine. I have averaged down and kept and will keep all my shares for many months to come and will not add to my holding in different accounts. In my mind the worst is over.Production is increasing and ore grade better than ever. Gold price helping LSG they will generate necessary funds to pay their debts and stay ...more  
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