Hi rebel1,
I don't have answers to many of your questions however if one looks at a long term LGL chart it indicates an all-time high SP of $4.45 in October 2007. Now I realise that the POG is higher than it was then however the world is a very different place too. Talk of gold reaching $2000 or even $5000 oz is just the stuff of fantasy at this point in time ;)
Peronally I believe LGL has for some time been trading below value however that changed this week & I now see it as fairly valued. How much more is another company prepared to offer, I don't know. We'll have to wait & see I guess.
Good luck all, this is at least going to make for interesting times ahead.
nistrams
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