TSX:LSG.DB - Post by User
Post by
astro2820on May 15, 2013 9:47am
223 Views
Post# 21397355
They Will Survive!!!
They Will Survive!!! It's strange all anyone can do is criticize what is happening with LSG. This team is dealing with a very complicated puzzle and they are making progress with each move. They have a resource base that is growing everytime they look for it. They have financing and won't need anymore. They have a new mill that can produce in excess of 250,000 ozs a year. The company is staffed and in my opinion well managed and they are having a break out year and the stock is at an all time low. Even at the low prices of gold they are almost cash flow positive and will be by years end. The lower gold price has motivated them to run this thing lean and mean and that always leads to good results. It is a screaming buy and I will substantially add to my position when the market opens..