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Re: billandlori post# 386

Thursday, 05/10/2012 8:12:15 AM

Thursday, May 10, 2012 8:12:15 AM

Post# of 14182
billandlori: When LSTG says they have a check coming in, it means they are starting to produce revenues not just spending money exploring. Very important especially if they meet expectations based on the assay results from their tailings project. These revenues make them a "real" mining company, will eliminate debt and provide funding for further exploration and growth. The tailings project alone won't make LSTG a $50 stock, but provides the resources for them to hopefully finding the "mother load" on their Mexican claims.

I haven't heard or do I expect LSTG to do a stock split. Recently, they reduced the number of available shares by 25% which is actually a good thing for us stockholders. The best bet we have is LSTG finds some significant gold deposits and gets bought out by a major producer like Goldcorp (GG). Then we are looking at $50 a share. Hope this helps.