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
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
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
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 1:39pm
Good god man, you didn't get the point ?