The FutureLSG has wonderful potential, but its SP is being held back because it has 435,000,000 shares, it doesn't have enough proven reserves and it has $103,000,000 debenture problem. But it has enough production and cashflow to solve all those situations, in about 2 years of normal effecient operation.
Additionally, there is always the hangover of a volitale GOLD PRICE, but taking everything into account, LSG should be over 2.00 which is double where it is today.
So I look at 2 years from now and what I see is no debt, double the reserves it has today, a mill that produces 320,000 OZs a year, an all in cost of production around $500 and a mine life that is growing everyday.
At 1,100 gold US, it makes north of $180,000,000. What does that equate to in SP?