TSX:LSG.DB - Post by User
Comment by
goldhappyon Nov 11, 2012 9:43am
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Post# 20586179
RE: RE: Grade
RE: RE: Grade Your bang on idlefreebird. They bought equipment to upgrade the mill to +5000 tpd. LSG ran a muck when the cash ran out. Golfcar predicted the cash flow problem. It appears the plan to conserve cash is working in everyones favour. The current project is polishing up rather nicely. The upgrade to 3000 tpd will generate the required capital to expand the mill to +5000 tpd to take on Bell Mine . The +5000 tpd mill will create capital to bring on milling capacity for a Fenn Gibb pit. Then watch the cash flow and returns. Not much cash flow to the shareholder in the meantime. One day that will change swiftly as suitors for the shares will come knocking. Lets not forget the Gold River Trend / 144 project.