New US Economy Policy Message Board

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Strategies & Market Trends : New US Economy Policy

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From: Arthur Tang	1/28/2012 11:55:08 AM
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Gold is anti inflation, or investment can preserve your dollars. LSTG.ob was promoted by direct mail for big potential. It is based on the price of gold against the dollar. Which gives potential of wealth to companies investing in abandoned mines that depleted the $35/oz gold. However, now that gold is around $1650/oz, the processing cost can make money on residual gold reserves. LSTG is financed by HK interests to mine and recover gold and silver. In the coming quarter 2012, the test drilling results will be known and how many tons(110 is break even). per oz of gold will be known? Which will make or break this company. Currently its lack of surplus stock on the market, make borrowed stock buy back price very low. Short squeeze may happen when gold reserve is found to be profitable to dig out. The economy of USA depends on resources and discovery. 20 tons of ore/oz gold reserve is profitable at $300/oz. The acreage of gold mine will make LSTG stockholders rich buying gold reserve at a discount.

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