TSX:LSG.DB - Post by User
Post by
goldhappyon Dec 17, 2014 8:57am
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Post# 23239154
Very Good News
Very Good News LSG keeps getting stronger every year. Now they can't seem to do anything wrong. Everthing they do turns to gold. Reading through this report certainly indicates LSG will exit the 3rd quarter with great production news bigdaddy.. The exploration drill results may be just as successful. By Spring enough cash could be earned to crush all the debt. It is gonna be very interesting when the millions of shares sold this month decide they want the shares and begin to buy back. A large problem is beginning to develop. Some company that sees the potential and with all the work done and proven out will want to buy us out....dammm.
LSG is working towards earning 20 cents a share. For every 100,000 shares that is is $20,000 of free cash earning. If that was all dividend what a nice cheque to get each year. In any case that is a nice head ache for LSG management. Maybe once the debt is all gone some of that money will get to the shareholder.