LHG earnings come thru this week, and i've been watching it go up for the last weeks . . .
Expect the stock to take another 10-20 cents this week as it moves towards $1.80 . . . yep - i reckon we have 1.80 in this
Based on:
- The plant is now in full production and repairs have been completed - this will make a stronger q3/4
- there is indication that they will meet the desired 600k ounce target
- the gold price is expected to go up - when gold goes up . . so do the miners
- the current price is holding the impact of the machine downtime
- I like gold, it's shiny and I one day might own a piece
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