TSX:LSG.DB - Post by User
Comment by
goldhappyon Jul 10, 2012 11:14am
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Post# 20098051
RE: Re. Gold manipulated?
RE: Re. Gold manipulated? Good post Lorn. I guess we will be waiting until they rig the gold up a few notches.I don't blame LSG for having the stock price driven low by the rigging. I am really upset with the praise attaining 100,000 guidence this year. Well fuddle duddle three years late. His promise about 3000 tpd late this year was another miss added to the many misses. Mines are rated on metals produced and he will hit that target with the grade. The Engineers look at efficiencies and tweeking to maybe 2500 tpd just dosen't cut it when 3000 was promised.The produced gold should be 20 to 30 % greater in the last quarter based on the grade and the mill completion promised. My old truck will just have to last a bit longer. On the bright side some are forecasting high inflation and interest rates abpout 1 or 2 years out. Gold , gold stocks , gold etf's are the place to park some money. Perhaps the lousy timing of mill expansion will pay big returns for us longs. Wishing everyone a nice summer.