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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Veteran98 who wrote (202607)8/17/2011 12:27:58 PM
From: tyc:>  Respond to of 313046
 
>>>" 5 Analyst have it as a buy 4 as a hold and 1 as a sell..."

Thanks Vet. I have been trying to find some support for the bear case, but the only report I've found is this one...... and that analyst's target is way above the $3 target of TD Newcrest's BUY recommendation ! . I remain a (perpetual) bull.

"Globe says Cooper cuts Lake Shore Gold price target

Lake Shore Gold Corp (C:LSG)
Shares Issued 384,444,156
Last Close 6/6/2011 $3.36
Tuesday June 07 2011 - In the News

The Globe and Mail reports in its Tuesday, June 7, edition that production from Lake Shore Gold ($3.36) "is likely to sound better than the financial delivery," warns CIBC World Markets analyst Barry Cooper. The Globe's Darcy Keith writes in the Eye On Equities column that Mr. Cooper says while Lake Shore Gold is a growing producer with exploration potential, its multiple ore sources may lead to the construction of multiple mills, jacking up capital expenses. Citing a weak first quarter, Mr. Cooper has downgraded his production estimates for the company, resulting in his price target retreating to $4.50 from $5.25. ............."