TSX:LSG.DB - Post by User
Comment by
ub40ehon Jan 15, 2015 1:58pm
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Post# 23324229
RE:NEWS !!!!!!!!!!!
RE:NEWS !!!!!!!!!!!I like this Part...."During 2014, we significantly strengthened our balance sheet, with cash and bullion increasing by $26 million at the same time that we repaid $45 million of debt. We currently have approximately $60 million of cash and bullion, and our senior secured debt which will be fully repaid by the end of May, is only $7 million. With seven consecutive quarters of strong operating results and improved financial strength, we are moving forward aggressively to expand resources at our long-life Timmins assets and to advance our very exciting 144 discovery.".... NICE!!