TSX:LSG.DB - Post by User
Comment by
Timminsgoldon Mar 06, 2006 2:01pm
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Post# 10470050
RE: Timminsgold
RE: Timminsgold
It is difficult to understand the LSG management strategy, if they have one.
During the past several months LSG have released two p/r each of which contained no news, lots of words, but nothing new! One was forced on lSG by the BC Securities Commission.
Think about it: a) the last official # of ounces was a program sponsored by HGM and published during 2004. b) there has not been a substantive press release with new drill resulst/ounces since before Christmas, although it only takes about a week to complete a short hole on the Vogel property and a month for a deep hole on the Dr, Raman property.
They talk about the brilliance of the LSG managaement. With all of the new drills churning, NOT A SINGLE NEW DICOVERY by LSG since the takeover of HGM: no new zones, or, no new orebodies.
The LSG shareholders are being short-changed when lSG publishes HUMIS as a press release, but does not update shareholders with new and substantive information, regarding the impact of all of the new drilling.
Shareholders should be demanding REAL NEWS in future press releases.