TSX:LSG.DB - Post by User
Comment by
bosseon Oct 18, 2013 9:05am
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Post# 21826484
RE:RE:Exciting to see gold pouring results..
RE:RE:Exciting to see gold pouring results..A short answer to your question: With cash on hand/receivable and inventories and stock pile of 52 million at the end of the Q2 and a total liabilities of 129 million we cannot say we have a healthy balance sheet.!!! Q3 will probably show a break even or small loss because the AISC cost might run over $1250/ounces . But the increase in gold production since the end of August change the situation dramatically!!!!and this is why I was ''wispering''survival !!!