Club Mulgoa

Wednesday, January 18, 2012

LSA

http://www.proactiveinvestors.com.au/companies/news/24265/lachlan-star-eyes-super-pit-and-gold-reserve-and-resource-boost-at-cmd-mine-in-chile-24265.html

LSA is worth just over AUD$51 million; currently with a JORC resource of over 900,000 oz of Au. No description of Cu in that estimate. And then discovering more yellow metal and Cu. POG is over $USD1658/oz. Why the Chinese are not taking over LSA beats me! Just in case you have not been reading about LSA in my blog, it is a PRODUCER as well as explorer.

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