TSX:LSG.DB - Post by User
Post by
05RfidRichon Sep 03, 2013 8:57pm
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Post# 21716201
Sitting ducks!
Sitting ducks!
As we wait for pictures of today’s gold pour, info about the grade coming out of the 3 mines, the tonnage that is being processed, new possible drill results , the rising price of gold, the share price, the large short position, our cash position ….wow so much to digest. LSG share price has been kind to investors since mid-June. Like many Businesses its supply and demand and steady as it goes. Ladies and gentleman, our ship has set sail with a captain who has become much more cautious of his actions and his speeches. Cash generation will be the philosophy for the next year in order to keep this ship afloat. No big announcements no spending of big money, just steady as it goes, boring for some but if we can maintain great gold production in an environment where the price of gold is increasing , who knows maybe LSG can return to its former glory or Maybe someone might take us out before that day .we are undervalued and vulnerable. es.