Fri, Jul 25, 2014, 10:10 AM EDT - U.S. Markets close in 5 hrs 50 mins

Recent

% | $
Click the to save as a favorite.

Lake Shore Gold Corp. Message Board

  • allsport232323 allsport232323 Oct 4, 2012 3:02 PM Flag

    Highest days to cover in LSG history (43 days), SLV & GLD breaking out

    Per my post 10/1, SLV was holding $33 and GLD was holding $169 and I suggested adding to LSG, as well as base metals. I bought another 2400 @ .993 on 10/3.

    I went back and looked - LSG has NEVER been this short, since inception. When SLV and GLD break out (both are very close, on decent volume), I will be selling my UNG and using all proceeds to buy
    LSG, AUMN, SSRI etc - companies in the right industry that have completed offerings, and still remain very, very short. This worked like a charm near the end of 2008 ( I was buying CDE, HL, SSRI then)

    Buying another $7-8k LSG on the base metal breakout. Ahead of gold production this qtr (see their site and recent release). Overdue for an upgrade as well, as are all miners.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I still don't really understand who in the right mind would short a 1.00 stock. Especially one that trades as thin as LSG and LSG.TO. Possibly this has to do with the recent debenture financing?

      It doesn't matter anyways. LSG is simply a growing junior miner that has decent multiple deposits in one of the only mining-safe countries in the world now.

 
LSG
1.06+0.01(+0.95%)10:04 AMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.