Spirit, if you are willing to stay invested in LG for the medium term I think that $1.60 a share isn't too far fetched to reach within 8 months or less. If they are successful in creating a large gold company like they mentioned they are doing in the Aussie report the other day then it might be worth holding for 2-3 years to see if we can get into the $3-4 range. Speculators on what this company might do will push the shares higher either way after the dust settles from the stock dump. LG, to me, actually looks like a better long term prospect than SBL ever did.
SBL Price at posting:
1.2¢ Sentiment: None Disclosure: Not Held