TSX:LSG.DB - Post by User
Comment by
goldhappyon Mar 13, 2015 1:35pm
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Post# 23518813
RE:RE:RE:RE:RE:RE:News
RE:RE:RE:RE:RE:RE:NewsPaying off all the debt is good business. Making money is good business. How do they stop or at least sway a take over at these low prices? I see LSG as a pretty solid company and it soon stands to make 100 million a year without debt. That is a healthy chunk of cash. What mining company with the money would not want this sweet deal. Perhaps it is time to give the shareholders a dividend and slow down debt repayment? It just looks all to good for steal. I don't know if the board will be able to or even want to prevent a take over as they are usually paid off.