TSX:LSG.DB - Post by User
Post by
idlefreebirdon Jun 07, 2014 11:49am
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Post# 22639991
The next year should be exciting
The next year should be excitingas by next May our monthly payments on Gold link not will be over leaving us just the $20 million on stanby line.The debentures aren't due to Sept.2017 therefore lots of time to build cash for that.Hyw 144 project will have $5 million of drilling complete and we might have a new resourse in our books to go along with Thunder Creek ,Timmins Mine and Golden River over in West end.Bell Creek will have the new zones defined and new minning layout down to 925 meter level.Cash flow at present is $50 million and on average we are making $5 million therefore we could have around $ 110,000,000.00 in the account of freee cash.That my friends for a .80 cent stock is a no brainer .Gold season is 3 months away and price should go up and even more cash could flow our way.Therefore don't listen to the naysayers and be strong stay lond.GLTAL