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Lake Shore Gold Corp. Message Board

  • mameen76 mameen76 Oct 16, 2012 12:22 PM Flag

    This will go above $1.50

    Over sold territory

    Sentiment: Strong Buy

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    • You should hang your head in SHAME! Trying to suck people in wiht a message like this.

      Shame, shame shame.

      Sentiment: Strong Sell

      • 2 Replies to knee_o_fite
      • but didn't post when, I did have to check the date, year

        Sentiment: Buy

      • knee - o,
        i think that's a bit harsh...Though I do think most price 'targets' are ridiculous one way or the other (for the past year, the crying has mostly been by shorts with a blanket cry of POS / worthless, going to 0 for all juniors/explorers.)

        i'd wait and see what happens over the next few days as LSG is testing its 52 week low -- mind you, its now trading at a level that it did when QE∞ was in debate, gold was $150 an ounce lower , and financing was up in the air. Since then, LSG has gotten capital from streamer FNV + its financial house in order, gold looking great mid / long term, and as importantly, LSG has stayed within its production / cost guidelines.

        So while I feel that LSG is a mid tier company at best, with OK management, OK reserves, OK cost structure, OK grade ore, it is being trashed and low downside potential & good short term upside.

        Would like to hear (really-i don't know the mechanics of the arbitrage opportunities of dual listed shares) how the current disparity between LSG.TO and LSG will play out (LSG appears way over sold relative to toronto shares, or contra wise, toronto shares overvalued).

        Sentiment: Buy

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