LGL
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0.86% $1.74 lynch group holdings limited

Agreed OPT...I may have to wait for the bottom formation before...

  1. kent1810
    547 Posts.
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    30/01/10
    13:42
    Post #: 6265491
    Agreed OPT...

    I may have to wait for the bottom formation before getting back in.. It looks like around $2.5 at this stage..

    Fri trade in the US indicates a weak opening on Monday, perhaps around $2.7

    As Lili36 has pointed out......... 2010's production forecast does not look too flashing. Spot gold may need to be higher than 2009 to offset higher production cost and reduction... Cheers
    LGL Price at posting: $2.77 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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