TSX:LSG.DB - Post by User
Comment by
HARJAYon May 10, 2013 11:38pm
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Post# 21365651
RE: The best lies ahead
RE: The best lies ahead Isn't the reason LSG bought West Timmins property is because investors and people who knew the geology believed that soemthing called the prophery was in West Timmins and that is the motherlode of the gold formation deep in the earth. Believe that they have mined around and possibly at the edges of this prophery zone but not the actual zone itself. That's why they are still exploring. Tony knows, the old investors of West Timmins know, the old investors of what LSG was before it was called Lakeshore know and thats why this story could be the biggest discovery of gold since the original days of Timmins that made Timmins the gold capital of Cda. back in the 50's , 60's if i remember correctly ( please correct me if i am wrong ) . Discount the mining problems, the meltdown in the junior gold mkts, the meltdown in the gen. mkts., the unanticipated larger costs to mine over the last few yrs., the problems nad costs raising exploration $$$'s and basically the original gold story hasn't changed, keep that in mind and it may put a better perspective on this investment.
My Thoughts on this stock and story.
Best,
HARJAY