Daily Mail/This Is Money Greatland Gold mention - Lassonde Curve

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CanisLycaon
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Daily Mail/This Is Money Greatland Gold mention - Lassonde Curve

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SMALL CAP IDEA: Can the Lassonde Curve predict the future behaviour of mining stocks?
Daily Mail - This Is Money
17th July 2023

'The shares are due for a re-rating.'

It's an easy phrase to bandy around, but what does it actually mean?

Is there any way of quantifying how or why a re-rating of a given company might be due?

Well, in the mining sector, there is.

It's known as the Lassonde Curve ...

...Further along the curve is Greatland Gold, a perennial favourite amongst speculative investors, but a company which is now moving towards production in partnership with the world's biggest gold company, Newmont.

Greatland shares have been lagging in recent months, as the company continues to labour through that period between the euphoria of discovery and the hard reality of generating production. But production isn't far away now, and according to the second upward leg of the Lassonde Curve, that means that the shares are due an uplift...

https://www.thisismoney.co.uk/money/inv ... tocks.html
"Every drill hole we put in there finds more gold"