Post by
goldhappy on Jul 28, 2015 10:56am
Gold $1422 CAD / oz ($500 CAD free cash)
LSG all costs in well under $900 , expecting record production with guidance of 180,000 oz for 2015...coming in at 90 million free cash...debt free...debentures??? My feeling is if they decide to dilute we can be sure LSG management will have good reason. My thought is they are waiting for exploration results to help guide them....wise call. There are two areas that can ramp up ore production. Not in order number one is the 144 GAP near at hand to the exploration/truck drift. The other is Bell Creek Mine.
LSG/Goldcorp may share the new ore with Goldcorp if the M&A deal works.Many options that will make CASH !!
Comment by
borne2run on Jul 28, 2015 4:30pm
goldhappy, all in sustaining costs are expected to be under US $950 per ounce for 2015. Not sure where you got your $900 CAD number from. Cash costs are expected to be under $900 CAD but not the all in sustaining costs. Still very good, just not as great as you suggest.
Comment by
BrahmaViddo on Jul 28, 2015 7:54pm
Goldhappy is an LSG long...so he's a delusional pumper fanatic and will bend the numbers to suit his fantasies...the truth of the situation eludes him and the other longs
Comment by
goldhappy on Jul 28, 2015 9:00pm
borne2run...you are correct...cash cost under 900 cad....all in $950 US....
Comment by
sopot on Jul 29, 2015 1:17pm
CAD500 ????? What about around CAD180. ASIC around US950 = CAD1240 POG around US1090=CAD1420 Difference is around CAD180 x 180000 ounces = CAD 32-33mil per year