Bell Potter - Review:Lihir Gold Limited – Solid profit result,...

Bell Potter - Review:

Lihir Gold Limited – Solid profit result, well placed for ‘09

Lihir Gold Limited (LGL.AX – A3.56) Buy Target A$3.90



Hi MikeMennell,

From Rogues Trade post above. Bel Potter target of $3.90(which would be their 12 month target)

I wouldn't take too much notice of that though as it all depends on the price of the commodity at the time and sentiment within the sector.

I personally think that LGL should rise to at least $5 over the next couple of months if the price of Gold keeps on rising at the pace that it has of late.