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Bobwins

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Bobwins

Re: Drillman7 post# 18

Sunday, 07/19/2009 1:56:35 PM

Sunday, July 19, 2009 1:56:35 PM

Post# of 39
Added a few shares last week at C$.75. Not sure why it's been weak lately. Gold has been holding up pretty well and bounced late in the week. Let's hope they had a good qtr in Australian mines and will report another good qtr. We need more investors to understand how fundamentally cheap La Mancha is.

At today's prices, LMA.to is just over 2 X forward cashflow. Very difficult to find other junior golds that cheap.

Some don't like multiple small mines but that diversification can payoff because La Mancha is not reliant on just one mine for production and can keep production going even if there are political or labor problems at one of their sites.

Bobwins

Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.

If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE

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