LHG unknown

gotta be good value at this price, page-7

  1. 5,687 Posts.
    lightbulb Created with Sketch. 1795
    I cant work out quite how the market values gold companies ....... considering the earnings both NCM and LHG look way overpriced to me .

    But if you were going to buy one LHG could be the one right now .

    The chart looks good , in the right market ( which seems right now ) it looks like it wouldn't take much to push it up to $1.50 + ......quite an open share registry with some big chunks probably able to be knocked off .

    The market cap as relates to resources is about half that of NCM ( $33 per Oz c/w $74 per Oz ) .

    Heaps of liquidity in the derivatives for thrill seekers who like a leveraged play .

 
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Currently unlisted public company.

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