TSX:LSG.DB - Post by User
Post by
Vanchesteron Nov 13, 2014 3:06pm
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Post# 23125953
food for thought
food for thoughtNow that LSG is turning a profit, would now not be a good time for them to start negotiating deals with some of the smaller companies that have claims adjacent to their claims. The exploring juniors are having a hard time raising cash for anything as of late and I would think would be certainly open to discussion on selling some of their claims. Case in point are the 3 or 4 claims Pelangio (PX) have held that are betweenand west of the Timmins Mine and Thunder Creek. They have held these for a long time yet have never really done any work on them. Sitting at a share price of 2.5 cents and with most of their effort centred on Ghana, couldn't LSG make an offer they couldn't refuse. Wouldn't take a lot of cash and would monopolize the area. Also thinking about claims out around the Bell Creek complex and Fenn Gib. Thoughts? v.