TSX:LSG.DB - Post by User
Comment by
goldhappyon Oct 30, 2012 12:13am
325 Views
Post# 20537840
RE: a grain of salt....
RE: a grain of salt.... My thoughts are they will make 85,000 oz this year. 62,000 3rd quarter. LSG will up the grade if they can't make it with low grade tonnage. This would be an absolute disaster to "miss on the miss". This year is a production bust at only 85,000. They won't be heroes at 90,000 or so.I expect they will hold back and empty the mine of low grade muck before going into 2014 ?? Expect some upside reporting from exploration to cover for mill short comings. The quiet reporting gives them needed space to avoid critics.