a common scenario of late:
on down days LGL falls a little notcie it hasn't closed below 2.18 in recent weeks.
on up days it surges 8 - 15% eventually catching up within within 10% of NCM's trading range.
for it to surpass NCM it will need gold to outperform copper and other related base metals complex.
when gold tops 800+ again and holds then the break of 2.40 is not far off and i predict a quick surge to 2.70's again. NCM will rise slowly to $30 and hold about there unless there are other developments.
LGL is one that needs more patience and experiences greater volatilaty and quick surges. I'ts a late comer to the party which eventually pars with the other peers but not for long.
a common scenario of late:on down days LGL falls a little notcie...
Add to My Watchlist
What is My Watchlist?
