TSX:LSG.DB - Post by User
Post by
aproposon Mar 17, 2012 8:14pm
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Post# 19686017
Come on & get a grip
Come on & get a grip Come on everyone ........Franco-Nevada would have done some due diligence and are probably not throwing their shareholders investment in LSG away. If there was this huge air of desperation at Lake Shore please tell me the folks at Franco would not be so stupid as to flush 50 million or so down the drain.
David Harquail, President and CEO of Franco-Nevada, commented: "We are very pleased to acquire an interest in the currently operating Timmins West Complex, which has a significant production expansion underway and has excellent resource growth potential in the prolific Timmins Gold camp."
These are not stupid people. Look at TRR and PRB and a lot of others. They are all down. When everyone is running for the doors it's the time to buy.
Wait to see the up coming numbers before throwing in all your chips. Pretty sure all will be well in the end.
My thoughts.
Warren