TSX:LSG.DB - Post by User
Post by
goldhappyon Aug 17, 2012 3:35pm
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Post# 20231002
Perhaps A Welcome Move ???
Perhaps A Welcome Move ??? Rearranging money in manner that would allow LSG to fire up the next mill phase will be welcome news. Remember last year they bought extra mill parts with capital money with the intention of expanding to 5500 tpd. Perhaps Tony should be given more credit for stick handling through these tough times. Engineers on the board like Jon Gill are pretty sharp folks. For these types to follow and not lead gives Tony much credibility from my point of view. Never loose sight of the prize...GOLD !!! Mining is very capital intensive. The drills are expanding the minable resource. The mill is building for expansion. When I see Tony able to arrange more financing it indicates LSG is not as desperate as some would have us believe. Wait for the full story as it unfolds.