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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 > Holding steady at $1
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Post by Heffé on Sep 11, 2014 10:19am

Holding steady at $1

I guess none of us shareholders want to sell at these prices and who would?! So much up potential. Glad to to see us holding while POG declines. As long as POG doesn't go down too much more I see this as an incredible bargain entry point for the next leg up. I don't think we will see te lows we had last year in SP as tony and team have proven themselves. This is just a guess but I really don't see the SP dropping below .90 as a worst case scenario. Either way it is just about weathering the storm until gold bottoms out and good news from this great company is delivered. 

Idle thanks for all your frequent local updates and thank you to lex for yor continued analysis and thoughts.
Comment by TraderRookie on Sep 11, 2014 10:36am
I am quite impressed with Lex's Analysis too...He sold his stock at $1.40 and predicted the market to correct....thats what exactly happened... Also, he predicted that the stock will get a support around $1....i can see the stock hovering around $1 for the past few days...seems it might not fall more...Maybe till $0.90 as Heffe said... I plan to stick long to this stock...It is worth to buy ...more  
Comment by maurizion on Sep 11, 2014 11:05am
POG is supposedly getting hit by the $US effect and it is true to a large extent but take a look at today. According to Kitco gold is up $1 due to $US but down $11 due to normal trading. A lose lose proposition everyday.
Comment by sens93 on Sep 11, 2014 11:18am
The good news for LSG and Cdn miners is that as the POG drops, the CDN $ is dropping.  As their labour and some there expe3nses are in CDN dollar, this helps to offset the drop somewhat.
Comment by sens93 on Sep 11, 2014 10:52am
I find it curious that there is so much for sale here at 1.00.  It almost feels like someone knows something that we dont.  I hope I am wrong, but we really should have bounced off 1.00 with some conviction.  Hopefully some good news will be out soon to give the stock some bounce.
Comment by Heffé on Sep 11, 2014 10:59am
I really wouldn't put too much thought into the sells. Most likely institutions looking to reposition themselves elsewhere and mainly focused on the news of the US dollar and the pressure it's putting on gold. For them it's easier to make money elsewhere. For the average joe like me, I see more upside to sitting on my position I have here in this company. It's solid and the payoff ...more  
Comment by Shlinker_ on Sep 11, 2014 11:38am
Not holding steady at 1.00 now. A very key technical level. Its down she goes from here folks? I sold half my position, risk is high.
Comment by sens93 on Sep 11, 2014 11:54am
I like to wait for a daily close below the level before I consider it broken.  Just my 2 cents.
Comment by sens93 on Sep 11, 2014 4:20pm
And this is why you wait for a daily close. Classc turn around day on big volume.
Comment by smeagle on Sep 11, 2014 11:56am
I'm getting back in at .80,,, I suspect that there will be a new, major offensiveby the "fixers" to keep gold down while they invade yet ANOTHER, sovereign country, illegaly, imorally and with disasterous consequences for civilians on the ground, including men, women, children and babies. Meanwhile, Duck Dynasty is on and the Kardashians are up to new shenanigans.
Comment by baranja on Sep 11, 2014 12:21pm
Oh yeah, Hey man,.. how about that Justin Bieber, being booed and taking his shirt off, woo maan..  and wow man.. let me tell you about that Pistorius beign cleared or murder charges.. .. I mean.. is that soo cool or what.
Comment by HARJAY on Sep 11, 2014 12:41pm
Justin Bieber taking of his clothes  ( who cares  ) and this guy in S.A. who has a history of beating up his girlfiend and then ends up shooting her thru a door multiple times claiming he thought it was an intruder hiding  beeing   found not  guilty of    "  premedidated murder "  but could still be found guilty of negligence in the ...more  
Comment by baranja on Sep 11, 2014 12:55pm
 I mean.. realy.. what is wrong here.. Water, food, vaccines, fluoride.. I dont' get it, is there something in the air? Of course Justin is just a sarcasm joke about what is being server to sheeple so they don't see what is going on... I give up. :)
Comment by smeagle on Sep 11, 2014 1:44pm
I won't. I've lost friends trying to inform and warn them and I've MADE friends over the years who benefitted from being informed. I NEVER give advice as to what to do, that's up to the individual. I try to alert them as to what's really going on, the media are whores and liars and our "leaders" do nothing of the sort. On every ballot there should be a box, " ...more  
Comment by smeagle on Sep 11, 2014 1:39pm
Good god man, you didn't get the point ?
Comment by baranja on Sep 11, 2014 6:24pm
Yep.. It has to be water or air.. or there is something in the food.. It could be a fluoride in the water,..  P.S. Smeagle, do't sell it. Massive dollar collapse is just around the corrner. Attack on Syria is just a sideshow. Look for helicopter Janet and massive dollar dump from the rest of the world. My guess is that Saudi Arabia is askign for at least 150 or 200 dollars per barel, and ...more  
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