TSX:LSG.DB - Post by User
Comment by
bossuon Jan 19, 2015 9:28am
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Post# 23334435
RE:Goldcorp takeover of prb
RE:Goldcorp takeover of prbProbe offesr at his Borden Lake Project: 1,600,000 ounces at 5.39 gr/t in the indicated category and 430,000 ounces in the inferred category and located 160 kilometers from Timmins.But no infrastructure and 90,770,000 shares out standind. Lake shore at the moment is offering at TW Probable reserve of 492 000 ounces at 4,6 gr/t and 872,000 ounces at (M&1)at Bell Creek but has a 3500 t/d mill and infracstuctue and 435,000,000 shares. So what a possible acquire want is RESERVES .So LSG need to show better reserves and this is what they are doing!! I thought Gold Corp was a possible acquirer for LSG but we will have to waite a couple of years and this is good for LSG shareholders.