TSX:LSG.DB - Post by User
Comment by
goldhappyon Mar 25, 2015 12:10pm
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Post# 23559552
RE:Earnings report tomorrow!
RE:Earnings report tomorrow!
My own opinion of the LSG report is it won't give the share price a boost as most of the information has been processed. Tony plays his cards well now. He over delivers on production and likely his development footage is ahead of budget. This will add much cash to the bottom line and big time over longer trends. That is when I see the share price climbing...over time. We are a bit early right now. What he says will firm up the stock price and may grab the attention of large invsters who want in on the action before the gravey train starts. I have no doubt there is going to be a gravy train. He is saving to pay down debt. Tony is running a wicked exploration program that will enhance the resource and allow for future production expansion. Now everything changes if they expand the 144 GAP into a much higher grade. Something very exciting is going on as they have a drift targeting the 144 GAP....this is a truck size drift. Usually you drive truck drift for production. This is big. If Tony has positive exploration results to share in this report it might move the SP upwards. Usually he waits for special date to announce exploration results. This adds to speculation and has upward potential on this very low stock price. Add to his report that gold and the USA dollar is throwing cash are way and we might very well get a little run up on the stock price.