TSX:LSG.DB - Post by User
Comment by
HARJAYon Dec 16, 2013 8:33pm
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Post# 22011897
RE:Are we missing SOMETHING
RE:Are we missing SOMETHING I'm no expert on these kinds of things but on the face of it , stretching out your debt so you have more time to pay with the idea that as you increase production and bring in more cash and hopefully the price of gold goes up so your production is more valuable and also paying down some of that debt as you have more cash coming in at the same time is a good thing
.More time , greater production, higher POG potentially , less cost to produce , less debt.
Whats not to like ??
Thats a pretty simple analysis but i believe it summarizes how the mkt. will see this N / R.
I guess we will find out tomorrow and over the rest of the week.