LSG lion selection group limited

re: lsg/kcn/oxr - for acturtle as regards to the costs of mining...

  1. 31,236 Posts.
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    re: lsg/kcn/oxr - for acturtle as regards to the costs of mining gold, as mentioned by a previous poster. the argument only holds if all costs are in $US - which could be the case for gold mined in the united states. gold mined in australia, will have a lost of costs in australian dollars, even though some inputs, no doubt will be in terms of american dollars.

    if the american dollar keeps falling thoug, it may be that american investors will be looking for investmests in gold shares, and from my reading there simply are not that many available.

    perhaps a company like kcn, could do a shre split, thereby increasing liquidity in the stock mmm - let me see, a five way split, would put a lot more shares on the market. just speculating
 
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