TSX:LSG.DB - Post by User
Post by
goldhappyon Apr 24, 2013 4:41pm
215 Views
Post# 21296688
What is LSG Worth ???
What is LSG Worth ??? The stock price could be 35 cents or 3 bucks. What does it earn per share. What growth is forecast? How much debt? Is there going to be a dividend? Financially secure. Finish building the project. Once the cash rolls in pay down the debt. Examine the profit for potential expansion. Drill the orebodies for better grades and tonnage. Profit is made on volumes of gold produced minus the costs. Higher grades or higher tonnage will work. What is the demand for gold? What is the price for gold? It all takes time. I don't see anything detracting from LSG becoming a viable producer of gold at this time.