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Getter Done

05/21/13 9:37 AM

#1919 RE: AJAZ31 #1917

I realize the lack of news and action is frustrating for all of us, but the BIG losers if LSTG goes south will be Ferris and the companies who have invested millions. I just don't see commitments for this kind of money happening unless there was good data/research and a realistic chance for success. Although I have yet to receive his detailed report, my mining expert friend said LSTG is doing everything right and the problems they have run into are pretty common outside the USA.

Everyone needs to remember that the SEC will come down hard on any company making premature claims of success. It has to have actually happened for a company to announce anything, so information from LSTG will always be as conservative as it gets. LSTG may well know that there is tens of millions of dollars (or more) in the tailings project, but can't legally speculate this to shareholders. Until the tailings are processed and LSTG has the actual gold/silver (and/or a check) in their hand, the can't say a damn thing.