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



TSX:LSG.DB - Post by User

Post by lornon Jul 26, 2011 10:42am
689 Views
Post# 18873294

RE. dogwag...A good problem

RE. dogwag...A good problemIMO...Lakeshore has a very fixable and good problem,  They have lots of gold but at the present time have a problem with getting it to surface and the mill.
  There is a adit-ramp in place and a man and skip shaft in place completed in record time and on budget.

For getting ore to the surface at Thunder creek in my opinion will require a skip only shaft such as a Copi hoist designed for 2 skips,  this shaft will also be an escape route in the even of an emergency.

As has already been realized ..a mill will be required on site to service Thunder, Timmins Mine and maybe 144 depending on drill results. 

Large funds want instant gratificacion but it takes time to get into place the infastructure in place to really exploit this large gold deposit. 

I think fund managers  are well aware of the potential of Lakeshore but are also aware that more time and money needs to be invested in building infastructure for Thunder and 144.  They will jump in big time then.

I believe that Lakeshore has the gold and will in the next year or so will show the markets that they also have the means to get this hi-grade to the surface. 

IMO Lakeshore has a real good problem that they will solve ...I'm hanging in there,  anyway getting to old to spend all that 15.00$ a share money.  :-)

Maybe now we are gett some sense of why Barrick is hanging around?
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