TSX:LSG.DB - Post by User
Post by
bigggjimon Oct 14, 2012 2:34pm
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Post# 20482277
Money talks
Money talks As we are all aware Franko and Sprott are in full support of Tony's plan to make LSG into a large gold mining complex. He has stated publicly that he will meet production targets of 85000 to 100000 oz this year. If he doesnt hit 85000 he better have a very good excuse!! If he cant make it im sure these big players will push to have him booted. We all want a double or triple and some of us just want our maney back so we can break even!! It would be nice to see a steady climb up. Cant wait till we get some real good news for once. If Timminsgold's info was accurate we would be trading at 1.10 to 1.20. Unfortunately his sources came through with good numbers which i do beleive were mined but they didn't put them through the mill. Lets hope Tony is out of that low grade material. Lets hope he puts the 6 to 7 gram per ton material through for the 4 th quarter, this would bring the quarter in at 35 to 40000 oz and put us over the 85000 oz mark. Its a matter of time and once we hit the good grades and the mill is upgraded to 3000 ton per day we will be raking in the money. I wish it would happen tommorow but its the mining world so a more realistic forcast would be sometime next year. Get the job done Tony, you are keeping people employed now help the people out who have invested and supported your dream!!
bigggjimmy