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Gold/Mining/Energy : LSTG

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To: baystock who wrote (3)1/28/2012 6:09:14 PM
From: Arthur Tang   of 13
 
Fundamentally. LSTG has options to process for gold in the depleted gold mines; the value of the stock is speculation only. If it has value then a short squeeze is coming. If gold is not found and processed then the stock is of no value. That is what I said. There is no real valuation of the stock. until the yield of ore is established and number of tons per oz of gold is known. Then the number of acreage and number of tons processed per year is the value of gold you are buying. Short squeeze happens all the time. Especially in speculative stocks where no income has yet defined. Its dog eat dog.

On the other hand HK investors are paying about $1 per share to fund the gold ore processing.$15 million dollars are funded. This established the value of the stock, making 41 cent each share a bargain. When gold is found, They can buy up all the 41 cent shares available, squeezing the shorts..
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