TSX:LSG.DB - Post by User
Post by
bossuon Jul 30, 2015 4:35pm
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Post# 23977488
Exploration cost ...
Exploration cost ...The exploration cost (actual drilling at the 144 Gap and Bell Creek) is an expense and they had $6,287,000 in the Q2.Otherwise the net earnings would have been $ 8,541,000 for the Q2.
Should the gold price stays at $ 1100 US for sometimes it will be difficult to see net profit for the H2 and probably for the whole year.
Total expense for the H1 was $ 11,981,000 and probably ( +/-) $ 25 MM for the total 2015 drilling program!
Just to say how important are going to be the results.to expand mine life and we might say that we are not be out of the wood yet!!..