TSX:LSG.DB - Post by User
Comment by
bossuon Jun 25, 2014 11:18am
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Post# 22693278
RE:LSG share price
RE:LSG share priceVery easy answer to your question: 1-very good drilling results at depth under Bell Creek and new discovery on their property... 2-very good results for the year 3-higer gold price 4-being debt free 4-decision to go ahead with a shaft at Bell Creek 5- 5500 t/d production able to produce 300,000 oz/year (at 5.0 gr/t) 6-proven and probable reserves increase to support a 15 years mine life When all those milestones are reached we ''may'' be back a $3,00 if we are not taken out!! So ,be prepared to wait a couple of years or longer or better go somewhere else to find better opportunity. Patience is the key