TSX:LSG.DB - Post by User
Comment by
yoda2on Jun 10, 2014 1:10pm
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Post# 22646129
RE:RE:RE:RE:RE:RE:The next year should be exciting
RE:RE:RE:RE:RE:RE:The next year should be excitingGoldhappy I find the position of setting the LSG priority as paying off its debt and then saying LSG should take its money and spend it on exploraion for new gold discoveries confusing.
Its the same pot of money --- any money spend on exploration is then not available to pay off debt??
Profits will increase the LSG share price.. At this stage of LSG profits without a reduction for exploration expenses will increase the share price more than the combination of profits minus exploration expenses plus an increase in Au resources.