IMO it will pull back again....but long term it will be a ripper.
This thing is fluctuating on the price of gold but once LGL put up a profit forecast or even better it shows us its balance sheet, it will not only rise a bunch but be on others shopping lists (if not already) IMO
that said, I would not be suprised to see a capital raising at some point and even more likely given its daily swing, a reduction in price to under $3.05.... ill bank around the mid 3.20 as I have said previously but there is still considerable upside IMO.
and when that happens will move towards some of the juniors who have pulled back a little more than they should have or wait for re-entry
this is all pure speculation but there you go.
LGL Price at posting:
$3.18 Sentiment: None Disclosure: Held
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