Its no secret, i have a clipping from a Finacial newspaper published late 2007 headed... Merger Mania, and guess what they list LGL right near the top of their list , given that the GFC then occured and now 2 years later things have settled and the share price is also much lower than in 2008, it looks like a good move for a cashed up operator to secure this growing producer of gold.With the Victorian operation now out and having cost the share holders an awful lot to get out of the mess , it might just now be temting for a takeover to be initiated. Hold on!!!
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