Sizing things up. There's an exact equivalency now withLSG and THO, except for where located and emphasis of gold
for LSG vs silver for THO.
LSG's .143 of it's outstanding shares going to THO is 1/7th
the amount of our shares now.
THO at $13.50 is roughly 7 times greater than LSG's price
of roughly $1.90
What LSG shares would have made out $10, THO makes at
roughly 7 X that $10, at roughly $70, ie 7 x $10.
ie
100,000 shrs or LSG at $10 gets $1 million which = .143 x
100,000 LSG shrs or 14300 shrs of THO at $70 = $1,001,000
When the world financial/economic system goes down,
THO's Peru and Quatmala will most likely nationalize THO's
mines to recapitalize its central bank with silver. Then convert
it to gold later since central banks really don't hold silver.
Canada will most likely do the same thing because it's just
recent budget said it will do 'bail ins' on our accounts, probably
by a half, to save the big banks and gov't's debt.
ie from
https://www.jsmineset.com/2016/04/03/jims-mailbox-1799/ And canada just admitted it doesn't have gold reserves to
recapitalize it's central banks with if needs to.
ie
paraphrasing the title
'Canada recently sells off large chunks of its gold reserves
plus admits it only has 0.62 ton of gold left'
https://globalnews.ca/news/2508940/canada-sells-nearly-half-of-all-its-gold-reserves/ When our shares of THO, (for those who keep it), are mostlikely
nationalized they may be partially compensated at a paltry amount,
at maybe 10% of their total worth, and in ever devaluing paper
currency.
Likewise what canada would most likely compensate LSG's worth
at, if LSG had not been sold to THO.
It's probably time to buy coins and more silver coins than gold
coins since are cheaper and more acceptable as transactions, since
once again silver is cheaper and easier to provide change back
to.
Silver will most likely not be as confiscated by the gov't as gold
will be. But probably will be too.
Let them try when stored at home!