TSX:LSG.DB - Post by User
Comment by
goldhappyon Jun 17, 2012 5:38am
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Post# 20022881
RE: RE: RE: RE: RE: RE: RE: RE: 2500 tpd
RE: RE: RE: RE: RE: RE: RE: RE: 2500 tpd Lets not forget the former INCO President and his friend Jon that is director of LSG and former Manager for the INCO President. Not that it is bad for us as the were highly skilled managers. My fear is that INCO was sawed up and gone now. What damage could be inflicted on LSG if managers deside to saw up the company?? The other side of the coin is perhaps we will do very well following the old managers which is more likely the case. It's just going to take much patience. The gold is in the ground. The mill is the bottle neck. Now the finacial problems. I would tend to believe LSG management took a gamble on hitting a mother load and went spending exploration money looking for the bonaza and have not yet found it. That's a tough and expensive operation. I am sad because we were lied too or at least led to believe much more production would have been on stream 2 years ago. It was moved to late 2012 now moved to 2013 and down from the 5500 tpd expansion dreams. I think in the long run we will be fine. I hope like others to live long enough to see that day.