TSX:LSG.DB - Post by User
Post by
astro2821on Apr 29, 2015 1:48pm
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Post# 23677020
Huge Potential
Huge PotentialThe potential for LSG is interesting, because they can use their free cash flow to become debt free, increase production, increase their resources and mine life. The share price is moving up because all of those factors are coming into focuss.
Additionally, with 7 drills on the 144, it doesn't take a rocket scientist to figure out that the LSG Management feels that they are on to something very, very big. It could double their resources, double their bankable mine life, and those 2 items will double the SP from here. And that is still only scratching the surface.