LGL 0.00% $1.75 lynch group holdings limited

i'll be taking profits monday, page-3

  1. 677 Posts.

    SELL RECOMMENDATIONS

    Pacific Brands (PBG)

    Lihir Gold (LGL)

    An unhedged gold producer, its major asset is the Lihir Island mine in Papua New Guinea, comprising a big high-grade resource. Nestled within a seaside volcano, keeping the ocean out and temperatures down are issues. Capital costs are high. PNG sovereign risk needs consideration. The share price overstates the company's prospects.

    http://www.thebull.com.au/articles_detail.php?id=1266
 
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