TSX:LSG.DB - Post by User
Comment by
Golfcar72on May 28, 2013 10:41pm
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Post# 21453854
RE: letter from Tony
RE: letter from Tony That's a letter from a man on the brink....
The bond price is telling us all that a bankruptvy is on the horizon.... https://www.marketwatch.com/investing/Bond/LSG.DB?countrycode=CA
It would be hard to say otherwise.....31 cents is about the net value of the milling assets and un-mined/milled gold interest. We need a miracle in the form of gold price over $1600/oz. Anything else is a pipe dream....
Sorry, but just keeping it realistic...
Golfcar72