Forum Archive Index - February 2002

["Viewpoint ." <viewpoint_@hotmail.com>]

Nick - some of your posts re LSG seem to be getting more passionate and 
urgent, using capitals etc.

Your comments that LSG is 'ready to roar' and 'the sky's all blue' suggest 
that easy fast money is to be made here.

For your own sakes hope you are correct.

Honestly though are you are in for a bit of speculation and quick gains? 
Your posts seem to suggest that most of the future gains for LSG investors 
is bringing companies where (investments have been made in) to market, and 
cleaning up as IPO excitment takes over. And that will not happen tomorrow.

Even though you have mentioned that LSG is a developmemt company have 
potential investors appreciated that in essence LSG is a venture capital 
fund (with some tax advantages).

Nick, you refer to ITC a lot. Isn't LSG a similar company but investing in 
resources? Potential investors need to understand this.

Back to your comment 'ready to roar'. Suggests extraordinary returns. But 
LSG has 12 or so investments. Diversification (or spread of investments to 
manage risk) to this degree inhibits extraordinary returns - all investments 
need to succeed for the whole 'to roar'.

No doubt LSG is a good entry for anybody who wants exposure to a range of 
smaller resource companies, with lower risk than putting all their money 
into just one or two stocks.

Maybe gold and other metals will take off and this will make some of LSG 
investmenmts more valuable.

Nick, if you are not in LSG for a quick buck you are obviously in for a 
longer time frame. Where do honestly think LSG will go? Do you think that 
future returns will be more aligned to a solid (as compared to 'roaring 
ahead' etc) investment comapny like one of your other favourites GPG.

Nothing personally against LSG, it possibly is a good investment. Just 
taking Nick to task about what are possible extravagent claims.

Obviously you have made me interested in LSG and it is one stock I will keep 
an eye on over time to see what happens.



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