Post by
theancient on May 08, 2015 9:29am
RE:Looking for breakout
The employment number is just as good as they expected, but the revision for Feb. and March is bad, so a breakout is highly possible, atleast the downdise risk is very low in the foreseeable future. LOL CHEERS GLTA.
Comment by
SKRiderFan on May 08, 2015 9:41am
ancient, agree on a breakout, volume is down and sp is rising, maybe van eck is soldout on their lsg. they had 31 mil as of dec 31, that would have kept sp down
Comment by
ub40eh on May 08, 2015 10:29am
GDXJ didn't sell out its position, They are holding 34,301,681 shares of Lakeshore at the moment...... we are 2.22% of the fund. Here is the link for you https://www.vaneck.com/market-vectors/equity-etfs/gdxj/holdings/...... have a good one,
Comment by
ub40eh on May 08, 2015 10:54am
28.16% institutionally owned... NICE!! we've come a long way.....
Comment by
shawk on May 09, 2015 11:49pm
28.16% is indeed impressive. Then there's Goldcorp and Barrick. Goldcorp received LSG shares when they sold the Bell Creek property and Barrick received LSG shares when they sold the Fenn Gibb property. Whether they still have them or not I'm not sure. Interesting to note, we still share a Director with Barrick, Peter Crossgrove. Potential Suitors 1. Teck 2. Goldcorp 3. Barrick 4. ?
Comment by
goldhappy on May 10, 2015 2:52pm
shawk....do you think after selling LSG shares by the box car load for over 3 bucks that our old bandit Hothschild Mining might have already stepped back into the LSG arena? Lets not forget the very new wealthy Chineese that have plenty of cash and are always looking for gold.