TSX:LSG.DB - Post by User
Post by
goldhappyon Feb 09, 2016 12:25pm
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Post# 24539962
The Loss
The LossThe mining giants do not always outline all the mineral exploration in one pass. The properties are drlled off not over years but over decades. Larger mining companies drill off enough to mine over the next 5 , 10 or even 20 years out. As the production mining advances on the known ore the exploration expands outwards and test hole drilling fills in the exploration hot spots. These hot spots or as we know them as orebodies are then passed on to the long range planners and eventually to the planner of the area for mining layouts. With exploration potential and properties owned by LSG this would have continued for many decades. The profit buys new properties along the way. That is what the big dog does. LSG has so much potential as a big dog. Not if this deal passes. We are loosing so much future gold value it is hideous. Our only saving grace is the the banks and fund managers pass on this low ball offer. I think many of them will see the light as they examin the deal. A much higher price per share is required due to the vast nature of exploration sucess and future potential. Tony you crazy cockroach as mr wonderful would say.