TSX:LSG.DB - Post by User
Comment by
Mr.Nuggeton Jun 05, 2014 1:28am
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Post# 22632002
RE:Scarddy Cats
RE:Scarddy CatsGH I can't agree with you. Like most gold companies, they are struggling to keep an image like everything is okay. You will never hear of "Bad" news with LSG, just lower grades and no holly hole for a massive find on gold. Face it, if gold continues to slide.....what will happen. The shares are being dillluted, the expenses will creep up with lower grade and maybe.....just maybe some debt will be repaid. The ounces they have are quickly vanishing, what happens then. This 10 year mine life only has 6.
Watch this SP fall to the .60 range within the next 2 weeks as I know large firms are selling this one over a course of 2 months. I'm warning you and everyone on here to SELL now.