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Bullboard - Stock Discussion Forum Lavras Gold Corp V.LGC

Alternate Symbol(s):  LGCFF

Lavras Gold Corp. is a Canada-based exploration company focused on realizing the potential of a multi-million-ounce gold district in southern Brazil. The Company is engaged in the exploration and development of the Lavras do Sul gold project located in the state of Rio Grande do Sul, Brazil. The Lavras do Sul gold project is an advanced exploration stage property that is located approximately... see more

TSXV:LGC - Post Discussion

Lavras Gold Corp > Stock can’t break $1.
View:
Post by davidmb4 on Jan 22, 2024 3:20pm

Stock can’t break $1.

They are at a conference this week.
Way too much resistance near $0.99.
They will likely release some results this week.
Not too confident due to the delay in releasing drill results.
Might still be a good play long term.
Comment by Bulba212 on Jan 23, 2024 1:10pm
Stock broke $1.00.  Now what?  
Comment by davidmb4 on Jan 23, 2024 2:03pm
Back to under $1 after news? Usually delayed results are not good. But, insiders were buying so who knows. Maybe they just had a good conference.
Comment by Bulba212 on Jan 23, 2024 4:14pm
You are a trading god, davidmb4.
Comment by davidmb4 on Jan 23, 2024 8:57pm
Yea. My $0.90 short sucks right now.
Comment by Bulba212 on Jan 24, 2024 4:16am
OK.  You are no longer a trading god.  You are a guy shorting a stock at the same price (or lower) to where insiders were buying $400,000 of shares with money out of their own pockets in the open market.  The shares have potential for 200-2000% upside in the shares. You have been downgraded to financial buffoon.
Comment by davidmb4 on Jan 24, 2024 8:37am
Jk my friend. I thought you were playing me. I've been really bored here the past few months. I tend to joke when bored. Actually I have never shorted a stock. Especially wouldn't short at $0.90 with insiders buying and results out soon. It's like playing the don't pass line in craps. Not my style. I think this is moving In anticipation of results. I hope it trades better then ...more  
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