Coffee221, Prefer EZM (Hoping for $1.19 gap to fill to back up the truck) in the mining sector, but there is nothing wrong with LKAI.ob, for a trade. I think LKAI.ob could get into the Low to Mid 60's at some point if everything goes right. But I wouldn't buy a huge position volume has dried up in this stock in the past, and production was slightly down sequentially from q3. And I also get the feel that the stock may be heading lower before it heads higher, with the selling coming in at .48 bid today, I guess people with the bid up to .48 as an opportunity to sell, and now the bid as dropped to .45.
So overall it is an attractive stock to hold a small postiion especially if you could get it a little cheaper like lows 40's and would really become positive in the upper 30's. But I rather back up the truck on EZM if it fills the gap, I own a solid 1.40% position in EZM right now, but am looking to double or even triple that position if either it breaks $1.33 on the upside or fills the gap at $1.19. So basically I think LKAI.ob could be a very good trade, but there is a few better opportunities in the mining sector at this point in my opinion. And what you have to remember is I believe that today in the market is the calm before the storm, so unless I absolutely love the stock, I really have a tough time buying anything, and I passed on LKAI.ob at this point according.
