Sat, Oct 25, 2014, 4:55 AM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Lake Shore Gold Corp. Message Board

  • kentw007 kentw007 May 8, 2013 12:51 PM Flag

    Book value $1.61

    Book value shows as $1.61, and 49 mil in caah - go figure on this low stock price. looks like incredible value here to me.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • obviously this isn't going well at all. stocks keep tanking. LSG had OK earnings, but not stellar. I'd guess the other problem is that the quality of gold is going down / below projections. that's a bummer.

    • it's still a risky proposition. what it has going for it is in Canada, has been operating, and Mgt appears to be delivering on increased production. as well, it is funded at least through 2013. On the downside, cash costs are higher than that of the major producers, ore grade is mediocre, especially for a deep mine, size of deposit isn't great either. That gives you a lot of downside risk with OK, but not spectacular upside.

      it'll be interesting to see what happens on the con call / earnings. the company is priced like it is going to go bankrupt. you could buy a penthouse in hong kong for its market cap.

 
LSG
0.9159-0.0441(-4.59%)Oct 24 4:00 PMEDT

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.