This mornings announcements are another step in the right direction.

Doubling production estimates and maintaining a 30 year projection for the life of the mine, with additional assets to be added along the way is tremendous news.

However, mining and deal making are two processes that don't happen over night. It may take another few months for an 800M dollar deal to be signed and announced publicly, and that is the milestone that will send the SP up a few bucks.

I do hope that the company addresses the spin off in the near term. I see no reason why they haven't been able to finalize those details yet. I hope someone from LGDI management is reading this and will take it to heart.

In the mean time, we have nothing much to do but wait.

Long & Strong LGDI!