TSX:LSG.DB - Post by User
Post by
farmboy75on Jan 09, 2015 5:42pm
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Post# 23303974
RE: Flat guidance
RE: Flat guidance
I am not concerned with our forward 2015 guidance.Our debt repayment situation is greatly improved. more efficancies are being sought.Our fuel costs are dropping somewhat.In 2014 we surpassed our guidance in every category.Even with a small drop in grade we are still very profitable at 1200 gold.I believe there is more upside than downside to the price of gold going forward. So as tony and the rest of us learned a few years back it is much better to predict conservatively and surpass guidance than miss guidance and disappoint.