TSX:LSG.DB - Post by User
Post by
Risktaker7on Jul 22, 2009 9:28am
424 Views
Post# 16156295
Good to go
Good to goIt is very good that we are always expanding our total resources, but it is important to advance projects as quickly as possible to increase cash flow and while gold prices are high. Having gold in the ground is only good if you can get mined and at a profitable cost. With lakeshore ramping up their second mine and the increase of the bell creek mill processing to 1500 tons a day,along with more resources being found it is hard to put a forecast on the stock price when Hochschild is lurking in the wings waiting to scoop us up.
But wait ,if you read the NR you will see they are also looking for other propertys in north Ontario and Quebec. I would not be selling any stock till Hochschild makes their move in 18 months or so which I hoping for at least $5 to $8 dollars for a future mid tier gold producing company.