LHG unknown

LHG takeover!!!!!!!!!, page-3

  1. 1,285 Posts.
    lightbulb Created with Sketch. 15
    If LHG ever gets taken out, that will definately be the time to invest in Gold stocks. i.e good juniors with excellent reserves. WHY? I hear you asking.......well because if you think about it, LHG is actually a high cost producer by comparison, and has little hedging and enormous reserves particularly if gold gets to $350. So if any major decides to take them out, its effectively an endorsement of the general view around now that gold is going much much higher. That is what I would read into a LHG takeover. And if its a North American company that buys LHG, its probably because its a good cheap way for them to cover their short positions which have nortoriously haunted the gold market for years and are now starting to haunt their makers instead!

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.