TSX:LSG.DB - Post by User
Post by
lornon Dec 18, 2012 9:44pm
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Post# 20748590
Re....geoffs
Re....geoffs LORN
..." thank you for the input and I too feel your disapointment from 4.00 to .75 is a reak kick in the teeth .This is why the questions against Tony"....
I didn't mention Tony at all in my posts. My point was that there are other reasons for LSG's drop in share price besides LSG management...It's a tough business running an established mine....it's a lot tougher building a new mine from scratch and planning production for about 5 years in advance...heck just a scooptram is about 300,000 to 400,000 dollars...point being there are a lot of costs that go unmentioned.
I believe LSG is in a very good position to be very successful
I have been involved with this property with shares in old Holmer since 1970 so I just gotta wait a bit longer. :-)