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Gold/Mining/Energy : V.LTH -- Ignore unavailable to you. Want to Upgrade?


To: chester_what? who wrote (861)8/14/2008 6:52:43 PM
From: WalterWhite  Respond to of 874
 
Chester - not sure what you are after. LTH is down big, but so is the entire junior world, especially those in base metals. Have you looked at the correlation between Zn prices and related stock prices?

If management could make pigs fly, then LTH might be down a little less...but that is just speculation on my part.

If Zn prices recover to $1.50 (nearly a double!) then it may make sense to build a mine.

Well thought out asset allocation makes bad investments much less painful. I hope for 1 in 3 to be a multi-bagger, which provides more than adequate return on a risk adjusted basis.

Globe



To: chester_what? who wrote (861)12/23/2009 10:52:03 PM
From: Area51  Read Replies (1) | Respond to of 874
 
I was looking at LTH.V today. And this was the best post on LTH.V that I could find to respond to(although there is some recent discussion on SI threads and some people were able to make some money from 0.10 to 0.30 apparently)

Since LTH.V traded as high as 0.31 today I do think you were wrong when you postulated that LTH.V would never trade at 0.30 however <g>. If Zinc can stay over $1 per pound I think Kaisers EV of 200 million to $500 million is a possible outcome (and if they can hold dilution to <150 million shares a share price of $2 to $3 is possible). In 8/08 with zinc going down to test $.50 per share your pessimisim was understandable.

I'm still not sure if LTH.V is a good investment here. A lot is dependent on the price of zinc going forward. I guess I have great confidence in US politicians to tax and spend and devalue the $ so I'll probably hold on to my modest position.