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Message: Re: Sandbagging
WTF
7
Oct 18, 2011 12:28PM
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Oct 18, 2011 01:00PM
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Oct 18, 2011 02:29PM
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Oct 18, 2011 03:15PM

I wouldn't bet on it.

LSG is telling the market it will have 8 to 10 mln ounces in it's next 43-101 and the market continues to punish it's stock price.

What is the market going to do to SGR after they drill 300,000 m of core and increase their 43-101 reserves by 500,000 ounces; 1,000,000 ounces.... plug in a number.

I guarantee it won't be 8,000,000 ounces!!!

Call it back to the future.

We are now being valued on a discounted cash flow model. On that basis, we are way over valued. And God forbid, gold goes below 1600 per ounce.

I think I know how the boys over at RIM must be feeling right now. I have the same feeling.

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Oct 18, 2011 04:28PM
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Oct 18, 2011 04:32PM

Oct 18, 2011 05:18PM

Oct 19, 2011 01:12AM

Oct 19, 2011 11:59AM
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Oct 19, 2011 01:07PM
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