TSX:LSG.DB - Post by User
Post by
minigoonon Oct 20, 2015 4:27pm
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Post# 24210301
Huge decisions to be made in the near future.
Huge decisions to be made in the near future. What to do before the debentures are do!
- carefull how you count the cash on hand,the( public plan ) so far is it's for the deb
- take the cash and buy reserves or production, thus diluting the share count
- the sudden plan to buy out TMX, managment saw something there !
- the major infill and exploring drilling at the 144 gaps
- the 144 gap reserve report coming out
- the decission of what to do with the wall cash by the time the deb's are due, pay that off verses using the cash to fast track new production and or by solid reserves as the oppertunities out there are many abound.
- once Tony gets the neww 144 gap reserve report ( before it goes public ) there will be some in depth disscussion at the board room table of how best to move forward for LSG, that's a lot of cash pilling up as to how best to use it
- ( buy more solid reserves and or production, dilute stock and use cash elswhere, what's the reserves # for the 144 gap,