Cant believe there is so little chat about LSG on this board. Near term drivers are gold price (obviously), a tax-free 10 cent dividend coming up, and a merger with AUS to make it big and liquid enough to appeal to the instos.
LSG has a bunch of cash that is burning a hole in their pockets - they arent merging with AUS just for the size - they obviously have a target in mind for their warchest that doesnt meet PDF criteria. In their own words, they want to cash in quick on the last crazy leg of the boom while they still can.
sp just grinding up...
LSG
lion selection group limited
grinding up
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