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Alias Born | 10/11/2012 |
Friday, April 19, 2013 11:46:05 AM
The way I'm viewing this is that a big part of the lack of information and progress is that the company is not operating in the US. The sense of urgency is not there. Factor in that there are only one or two officers, and it's obvious that the company is not able to keep a tight leash on operations. The fact that the CEO does not have a mining background and is quite young is also a concern.
But at this point, I've got to trust that LSTG is a legitimate company. Part of this is hope and part of it is my reasoning that the officers would not have risked filing the required paperwork and followed US regulatory procedures this long if the company was a fraud.
I worry about some hanky panky with the 6,000 tons of dirt. Is there the potential that it may have been picked over while the plant was down? Could there be delays in receiving payment for the processed product that wouldn't be encountered in this country?
What I would hate more than anything would be to bail now and miss out on the chance of a big payday down the road.
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