TSX:LSG.DB - Post by User
Post by
cedarguyon Jan 22, 2015 11:28am
316 Views
Post# 23351329
New to this name
New to this nameIs it fair to say that LSG should be very profitable going forward? When the CAD was $0.93/USD and Gold was USD$1200, they probably would struggle making cash flow. With CAD at $0.81 and gold at USD$1300, they should be printing money. Oil is down too, cutting a major cost factor in half. So they are getting CAD$1604 today, compared to CAD$1304 per ounce, which is almost the level from the heydays in 2012. I have just been a buyer in the last two weeks.