TSX:LSG.DB - Post by User
Comment by
gilon Apr 27, 2012 7:27pm
599 Views
Post# 19846586
RE: LOOKING OVER THEIR SHOULDER!!
RE: LOOKING OVER THEIR SHOULDER!! At $1.50, the market cap would be about the same as Trelawney just got bought out at. Since LSG is already producing, has infrastructure in place, is about to ramp up production and become cash flow positive in the near future, has much better grades and, although a lot of people would not agree with this, good management, any takeover offer would have to be at a much higher share price. Check Goldhappy's posts for cash flow and work out the share price from there. Execution is definitely the key. No more slip ups!