TSX:LSG.DB - Post by User
Comment by
TheAceon Apr 22, 2010 10:32am
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Post# 17019031
LSG and Production
LSG and ProductionIt seems that some of the investors are looking at the production forcasts of LSG. Since they have decreased from their initial set target for more drilling, these same investors are dumping. I think that Tony could easily produce more OZ's of the yellow stuff, but I'm sure he would rather prove up 5 million oz's rather than 2 million oz's when this puppy is brought to the table for the highest bidder. Most investors would like to make that double or triple right away, but as we all know, things take a little more time with LSG. And in saying so, I have no problems waiting for my payout. I have invested in a few flyers hoping for a big payout and as my luck would have it they went down,,,,,but I don't see LSG going away anytime soon, and I do believe that once up and running and meeting the production targets set out, LSG should be over the 6 buck mark.