Post by
goldhappy on Jun 29, 2015 10:45am
Seeking Alpha vs Scotia
A reporters opinion may differ and that is fine. My opinion is not always perfect either. The sum total of all contributers is very educational. My opinion of the Seeking Alpha article is more in line with what I expected from Scotia. Well we have our positive and negative spins and I thought Scotia leans a little negative about gold speculation in the LSG gold camp. Assays on the new discovery of it's first 8 holes is fantastic. Seeking Alpha is more in line with my thoughts. Higher grades will likely be discovered. The mill is more than ready to accept future production. Expanding the mill should prove an easy finacial task. I would rather expand the mill than aquire more prperty at this time. LSG has their hands full as an exploration company. It is a major program well funded and very sucessful. If they can grab up good property for pennies on the dollar or an option agreement that would be just fine. I would not stress this company with debt as it is run like a swiss watch. I expect this exploration program may expand even further as they become more successful. That is where I want free cash to target.