TSX:LSG.DB - Post by User
Comment by
bigdaddycashon Jan 28, 2015 9:44am
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Post# 23371648
RE:Size of 144
RE:Size of 144question is - will potential suitors wait for further drilling to prove-up reserves or attempt a M&A at a lower price prior to official reserve update(s)? can anyone comment on if there is enough info in the current results for experts at acquire(s) to extrapolate the size of 144 (and other LSG deposits)?
I personally have all the time in the world to wait (years) for updated reserves and would prefer higher share price in future versus a smaller premium on takeover in near term. gltals.