Anybody have any opinions on LSG? Lake Shore Gold?
Their stock is up almost 300% in the past year. .30 to 1.14 right now. Seems to me a way to go sideways and actually MAKE money on a gold miner. Geeze why didn't I see this last year? LOL BAA trending down (I am out right now... have been for a while.) Just wondering if any of you have a spot analysis for LSG. Thanks.
Their low last year was 17 cents. Then they put out a press release saying they were drastically undervalued, and it's been a great story for its investors more or less from that day on.
That said, they seem to have been high-grading their deposit the past year. It's a gamble that seems to have worked for its current investors, so far, but I think their market cap is still lower than the price they paid to acquire one of their mines a few years ago.