ping lockitt, page-31

G'day Gofish and Suziim.
I am starting to get a little worried here because people seem to think that I really know what is going to happen with LGL.
I think Nightstalker said that he had support at around $2.40 and below that at $1.60 so I suppose that is your answer.
If I am correct in my thinking then I need it to not go much below $2.40 or I will have to eat a lot of humble pie that I am sure Nightstalker will quickly bake for me.
I see that LGL is down 6c today to $2.46 and I am hoping that the bigger drop today, than previous days, means that it is becoming exhausted on the sell side.
I sold my LGL a fair while back but I watch them because I feel that they will be the share that the average punter will flock to in a gold bull market.
If I owned them now I would certainly not sell. No one knows, but experience would dictate that unless the volcano blows up on Lihir Island, or some other unforeseeable event happens, then now is the time for "corporate courage", as I call it, and buy a few every week.
I do not know about you, but I always feel annoyed with myself when I see a share go up, when I always thought that it would, but I was'nt game to buy or I was greedy and wanted an even lower price and then missed out.
Please, please, please take care to do your own research however, as I am not qualified to give advise and your opinion is certainly as good as mine.
LGL is certainly tied to the gold price, and especially the Aussie gold price, and until BUYERS are convinced that a true gold bull is starting it will remain so IMO.

Kind regards

Lockitt