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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: onepath who wrote (31486)	2/1/2007 8:44:07 AM
From: loantech	Respond to of 78431

That should be a strong buy. I better check the price. I missed the boat on that one. I think matt brought it to the thread a year or two ago.

To: onepath who wrote (31486)	2/1/2007 9:10:48 AM
From: stan_hughes	Read Replies (2) \| Respond to of 78431

One big LSG caveat -- there is no reason to think that LSG won't have as many if not more operating problems getting the stuff out of the ground at a profit than our friends KGI have had over the past few years. Despite better gold prices, the Ontario North has a chronic shortage of skilled trades and experienced miners, and skyrocketing contracting costs have really taken the bloom off the rose of any would-be start-up. The point being, you can take any pre-existing breakeven analysis or tonnage production estimate and throw them both out the window because they ain't gonna happen -- I can almost guarantee it. No doubt this has a lot to do with LSG's share price. You might get an enthusiam rally at some point, but it won't last, because most investment managers will want to see some real data before taking the plunge -- and that could be a long way off -- JMHO