LGL 2.51% $1.75 lynch group holdings limited

you tell em boys!!!i can see how its acting rather bearish again...

  1. 64 Posts.
    you tell em boys!!!

    i can see how its acting rather bearish again today.

    dear lgl SP,

    last week the price of gold was $860's-870's with the market index around 15800-16200,HUI 410's and oil at around 122-125

    SP was 3.06 - 3.20

    this week gold has broken 870's and stuck around 880's until today it's around 875ish. oil has fallen from 126 to 123 so nothing changed there and the market indexs were way higher at 16500 now fallen to 16200 but still we'll above last weeks numbers.

    and now your telling me 2.96 is fair value

    the market is clearly buying. Yes it is. But not you.

    you've fallen yet another 20 or more cents but didnt want to break 3.20 when the hui and gold reached 884-889 the other day. Your numbers are not looking good and don't seem right.

    You still want to see 280's again. trying so easy to get there to kill EQI holders as well.

    what kind of long term bluechip ASX50 company are you?
    your friends are pretty sour too. NCM and SGX but at least they have better long term growth

    I think your production numbers are not looking to flash and your saying you are going to mine 700K ounces + this year but were not off to a good start now are we. There's alot of catching up to do. If you fail to meet next quarter then your costs will eat you up. what are you saying to us right now. The market is expecting a 200k+ production quarter.

    i'm pretty sure your looking too risky right now to fall further in the next 4 months to 2.50's but by then the gold price will be $1000+ by the end of the year and you
    will make a recovery to $3-3.60 again.


    Is this the way you've always been?
    Is this the way you've always operated?
    Preety pointless investing in everyones opinion to either have a hold strategy or be using a margin loan account to leverage into. Thank me i haven't done that

    I don't like your style i'm sorry
    you really have cost us time more than money and that is why you will always have little trust and interest in players of the game.

    now give us some +sp movement and stop using EQI and dilution oil costs and production numbers workers strikes and every other reason as an excuse

    thanks
 
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