Captain's Quarters

[gharma]

LSG only needs to follow-through at this point. If it meets its guidance for Q3 and Q4 demonstrating net positive cash-flow if gold is at 1250-1300 things will imo fly from there.
Why? Obviously the debt overhang could start to be dealt with, but if gold move significantly higher into the end of the year and LSG's all-in sustaining costs do work out to the area of their guidance (1200 +/-) then LSG would also be positioned to look at some of the cap ex for growth that it put on hold when it refocused on the profitability milestones it is now approaching.
I am still thinking that it will take 2 to 4 quarters of good numbers before LSG starts to regain the trust of mainstream institutional investment the popularity with which is what had driven it from a $2 to $4 stock a couple years back, and of course the popularity of gold equities with these investment houses needs to get some of its shine back also.
If all those stars align, which I do not see as at all improbable, LSG could bring in the higher bag numbers.