I believe that Southern Cross recommendation was written late Nov - early Dec, around the time LGL hit around $3.70. I remember Charlie Aitken being very very bullish on gold at this time for December, with his $4.50 price target for LGL and $45.00 for NCM.
Given the way the these gold stocks failed to perform in December, I have been disappointed to see no further detailed reference to these stocks and the price targets suggested since. The only mention I can think of came in the way of a recommendation on NCM, now trading about 25% lower than when the $45 target was set.
LGL Price at posting:
$2.74 Sentiment: LT Buy Disclosure: Held
