RE:RE:RE:RE:Completely out..! I was a former LSG shareholder and sold out soon after the take over offer.
I split the proceeds 15% KGI and 85% KDX.
As KGI had a good rise and my preference was for KDX, I sold KGI and am now 100% KDX with my former LSG holding.
My preference for KDX includes the following:-
- KDX has the prospect of a poweful boost when the former Rice Lake mine starts production.
- Relative to KGI, KDX has infinitessimal debt, but cash in the bank.
- KDX is the highest underground gold grade producer - approx 2 x Macassa and has shown a 20% Year on Year growth in ounces.
- KDX has a significant silver by product in its Nevada mines - more attractive than Tahoe's Central America.