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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 > News Release was supposedly good - Why downgrade from RBC?
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Post by Heffé on Oct 03, 2014 3:29pm

News Release was supposedly good - Why downgrade from RBC?

POG got hammered today. I think we can all agree that if it goes any lower we will be seeing mine closures for sure. I just don't see how a company like lakeshore who has met every guidance they have given in the past year deserves a downgrade. If anything at this point it is a very appealing entry point. This Gold market lately has been a circus. All over the place, but it does seem to keep heading south :(

i think ink the universe is against the yellow metal. Haha.
Comment by maurizion on Oct 03, 2014 3:52pm
There's a lot of gloating going on today on Wall Street about how it is all over for Gold. They are just revelling in it.
Comment by TedOwens on Oct 06, 2014 1:22am
While the drill results from Bell Creek were adequate and will serve to increase resource levels, they also validate the relatively small deposit model scale which is in place and thus the reason why the stock price regressed in response to the market reaction towards it all..........Bell Creek is a reasonable deposit which will be a steady player for a long while yet it appears but its footprint ...more  
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