This reported financing looks very positive for LSG. The fact that Hochschild Mining, their main shareholder, is paying $4.43, well above the current market price, shows confidence in the project by the insiders. The additional funding will speed up mine development and exploration. This should keep news coming and I anticipate the news will be positive. Hochschild appears to be positioning itself to acquire LSG. With these developments and the strength of the gold price, the recent price target provided by TD will probably be increased substantially.