TSX:LSG.DB - Post by User
Post by
dogwagon Jun 25, 2012 8:41pm
529 Views
Post# 20053367
SELLING THE FARM!!!!
SELLING THE FARM!!!! If LSG produces 1 million ounces from the Thunder Creek project over the next 10 years ,they will make approx. 700 million profit based on $700.00 per ounce gold profit.They are giving up 1% for 7 million dollars which is O.K. but if Thunder Creek has more gold than that which they will.Premier will make out like bandits.Why sell the farm.I thought they had enough cash????