LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

RE: FYI-Most recent insider buying

[digger144]

HARJAY....

The transactions that you have mentioned are Grant of Options on August 9, 2010.

The individuals that are involved did not do any actual buying which your statement might lead people to believe that they did before the release of the latest amazing assay results.

They must first Exercise the Options to be able to sell them, put the money up and then proceed with the transaction on the open market...they have not.

In you do a search of the Options available to Eric Kallio, Vice President of Exploration, you will discover that he has many more Options available to be exercised at a much lower price than $3.15.

However, I believe the options were issued to Eric on August 9, 2010 to reward him for his success and hardwork and were awarded before the stock price makes any major moves.  If they had waited the exercise price would have to be higher as the stock price moves up.

Nothing out of the ordinary going on here....just a lot of hardwork, dedication, experience and knowledge being rewarded.....something like we ourselves are experiencing now and into the future as we are rewarded for our support for the company.  In otherwords...being rewarded for fortitude, resolve and belief in management!

Digger144

P.S.  We are in good hands and the Management Team at Lake Shore has and will look after us!