$1 for LLL when it trades $0.40 at the close today for FFX
$0.40 is still very cheap for FFX- its got cash & is producing gold. Yes they are drawing down on that cash reserve through expanding the mining footprint & bringing the super pit online but there should be enough money to get it to that 200koz production mark. Russia in the Ukraine & inflation should support the gold price so as long as it stays around USD1800-2000 then $0.40 is cheap.
FFX Price at posting:
95.0¢ Sentiment: Buy Disclosure: Held