seriously oversold, page-11

how this company got smacked with the rest of them in the last 25 days is a mystery stormer. eqi and the recent production numbers are reasons it fell from 4.4 to 3.6.

remember it was 3.30's and would have been 340's at 1000 if we got there again.

however i am gutted by these support levels. i was thinking 2.8 was the support that we should have bounced off.

for this to rebound to 4.4

we need a good profit seen favourably by the market.
+10 to 20 cents short term

gold to bouce back to $1000 by years end with HUI and XAU back to previous highs
+60 + 80 cents

good production grades and targets achieved. this is the main thing to get it breaking that 3.30's - 3.60 level.

only momentum to february and gold going to $1200 will have this back at $4.4

seems a rollercoaster ride not worth taking if you think about it.

so many things influencing LGL and one of many are going to be realised and others may not