Post by
05RfidRich on Dec 09, 2014 7:27pm
Takeover Rumours ??
Living in Timmins , I am fortunate to be close to LSG 's Mines and Mill, have had the chance to tour them all. Great leadership , dedicated workforce, great mining jurisdiction. Maybe I am not as well connected as some on this board , but as an investor I know that LSG does not have the present identified reserves to get a Major or someone with a lot of money to buy us out. It may come if we can pull some great drill results , I do believe we have the potential, that is why I have filled my boots full of LSG . Great land pkgs great people , great jurisdiction but not a Buy out in my opinion until we can build reserves, And Fen Gib reserves do not count in my Books because too expensive to get into productions, Good luck
Comment by
rollon on Dec 10, 2014 6:11am
Liked your post. I have a question for you. (or anyone on the board that has the info) What are he actual proven reserves? (economically mineable proven reserves on the books a the current time) Also what is needed in terms of proven reserves to give this company a boost and market attention? Regards
Comment by
shawk on Dec 10, 2014 2:09pm
See page 29 for reserves.
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