Tuesday, August 1, 2017

LIONGOLD STOCK: CAN THIS STOCK BECOME GOLD?

LionGold stock
LionGold stock continues to be one of the most traded stocks on Singapore Stocks Exchange. Can this stock become gold and rally from the very low base that this stock is currently trading at: $0.001.

I believe given some time, yes, it is possible for LionGold stock to become a multi-bagger stock due to the following catalysts:

1) The turning of profits for LionGold: LionGold has been churning out a steady gold production. If LionGold does its cost management well, turning profits will not be that remote.

2) An outcome of the penny stocks saga which will be positive for LionGold stock

At such a low price, investing in LionGold stock can be considered speculative but yes practically, this stock can become GOLD in time to come in my opinion. Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.

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