TSX:LSG.DB - Post by User
Post by
vendora1on Jun 22, 2013 9:32am
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Post# 21563619
The goldpost
The goldpostThe numbers you post look great, the problem is that the company cant meet any targets thus are losing money on this venture big time, now the finacial institions are pulling out which is causing further share price reductions. So. where are they going to get money to keep this venture going going ...hoping to meet the forecast which they fail to meet. And still the bonus gets paid to the excutives. The best they can hope for is a buy out from goldcorp..which at this point doesnt appear in the works as seen by the share price. Maybe in 5 years when gold running at about $3000/oz>