SVG 21.9% 2.5¢ savannah goldfields limited

Ann: Outstanding High Grade Gold Drilling Results, page-237

  1. 20 Posts.
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    Froman20 I share your sentiments - the SP is at a " show me the money " pause and when it is reported, if good, then the SP should improve and after that there will be another issue " but can it continue to the end of the current arrangement for mining " - then obviously all of the other issues such as an upward revision of reserves, mining intentions after the current method with Maroon, intentions as to the NZ Gold asset and the Aust Coal asset will be eagerly awaited - I do not think that the management of LNY will spend funds on the other two assets unless their current intentions with Agate Creek have been fully allowed for in their cash flow forecast - I think their comments regarding the other two assets in every announcement are just throw away lines, i.e., " and don't forget these other assets" - From my point of view my trust in the Management of LNY has improved considerably since mining has commenced and I cannot see the SP remaining at this low level much longer. Tman
 
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