LGL lynch group holdings limited
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wait till BHP and RIO bounce guys, need the materials index to...

  1. from80
    1,088 Posts.
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    30/09/08
    11:25
    Post #: 4326937
    wait till BHP and RIO bounce guys, need the materials index to get this going up as well. it has a sentiment component too. alternativaly gold will need to go to $950+ for it to get over $3 but then again only more bad news and sell off will make that happen.

    We will probably have to wait until equity markets and the $US fall which will bring up our miners and hence LGL will rally. Lets hope management wait for the good times to come and bring out some good news on thier production numbers
    LGL Price at posting: $2.74 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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