TSX:LSG.DB - Post by User
Post by
Giverbulletson Apr 25, 2013 4:28pm
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Post# 21308421
Bashers
Bashers C'mon guys, really?
LSG has $85MM planned for exploration. If things were bad, they would put the drills on hold and wait out the storm.....which even if they weren't bad, is what they should do anyways.....at least cut back a little and see how things settle out. Either way, I see LSG as a target by someone big who wants it cheap and has their dealers nuts in a vice who will try to get their price any way possible.
How about this......somebody throw some numbers on the table here and show us how LSG is in a financial death spiral! Quit wasting my time complaining about Tony......but wait, you don't have a real argument so that's the best you can come up with.
I would also bet that LSG is not selling gold at these prices either so if we rebound to $1600+ gold right away, then spring target EBIT forcasts will still hold true.
Giver