TSX:LSG.DB - Post by User
Comment by
bosseon May 01, 2012 10:16am
457 Views
Post# 19856047
RE: Half of a Billion shares outstanding
RE: Half of a Billion shares outstanding Complete non sense to speak of reverse split...This will never happens.
If a company like Iamgold is willing to pay over 600,000 000 million for a deposit with a grade of 1 gr/ton (TRR) what do you think LSG has to offer with Fenn-Gibb alone deposit for a potential buyer.Fenn-gibb deposit seems to show a better grade and tonnage will increase taking into account this morning result.
In my mind Fenn Gibb is a wild card and coud be very usefull for further development.
So forget the reverse split