TSX:LSG.DB - Post by User
Comment by
goldhappyon Jun 10, 2014 2:38pm
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Post# 22646540
RE:RE:RE:RE:RE:RE:RE:The next year should be exciting
RE:RE:RE:RE:RE:RE:RE:The next year should be excitingYoda...you thoughts are well taken. I know exploration is far cheaper than mine or mill development. More resource outlined the larger/longer the operation can plan for into the future. How can you expand for more profit in the future if you lack proper information. I also would like to see LSG strike it big...higher grade orebody. You can get a lot of milage out of a $ 5 million exploration program. That will be only about 10% of the profit and it is tax deductable. Just my thoughts. I'm looking for that little bit of risk that can bring major reward. I don't think $5 million into exploration will have that great a burden on the stock price. LSG have some pretty decent ground to explor. If they strike major grades this will grab the attention of the major players. Maybe then we will see many more buyers compete for LSG shares. I just don't see any good reason for not doing some good rewarding exploration.