Post by
ossyw11 on Apr 11, 2014 7:27am
The Death of Money
AISC (and the POG) are really the only hurdles beteen LSG's current shareprice and something substantially higher (either as a result of a Tender Offer or organically). I am aware of nothing negative one the way...
And, for those who believe that the end of the US financial system is near, pick and read The Death of Money by James Rickards (just released on April 7). It is a fantastic read, and sadly extremely concerning. JRMG
Comment by
jpgoldilocks on Apr 11, 2014 8:25am
Only costs and revenues can hold us back? Just like every other business? lol
Comment by
fuuf on Apr 11, 2014 11:01am
I am Confused about something. What do we care if LSG share price skyrockets because of devaluation of paper. Unless my LSG shares are delivered to me in physical nuggets, I will still be in the same situation - an abundance of toilet paper... GLTAL.
Comment by
rallard on Apr 11, 2014 11:37am
Just think of gold as money...and LSG pulls money out of the ground. A share is just part of the company, what it is priced in has no bearing on that value. A new monetary system is coming and I have my bets placed that it will be based on gold.
Comment by
bigdaddycash on Apr 11, 2014 11:49am
Exactly, based on pro-rating the number of shares I currently own versus the total float, in Q1 my shares accounted for approx 11 oz of gold production. If LSG hits upper 2014 guidance then my shares will account for over 43 oz of gold production. When I think in these terms it helps me hang on for the long haul. GLTAL....