Topped off my holding here today..... LSG does not mine paper gold.... you cant buy real gold for for 1400 bucks an oz right now.... go ahead and try....
But you can't mine gold for $1,400 either. so until gold goes up, company is not worth a lot. this is the argument of the Deutsche Bank analyst that came out today.
So whats your point? Your shares are not tradeable for gold merely a scrap of paper.
My point is they are getting more money for the gold they mine and not the paper price.... Physical is decoupling from paper. Also this co has a 700 per ounce cost to mine an ounce. One of the best in the industry.