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

Metals & Mining Gold


TSX:LSG.DB - Post by User

LAKE SHORE GOLD CORP 6.25 PCT DEBS
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Comment by lornon Aug 10, 2011 9:22am
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Post# 18925381

RE: 2nd half US dollars or Canadian

RE: 2nd half US dollars or CanadianThe figures stated by Lajkeshore do not say if they are in US or Canadian funds,

Gold is sold in US dollars and the Canadian dollar has been above the US dollar for the first six months...I would guess around the 1.03 Canadian to 1.00 UAS dollar average.

Costs for wages, labour and other production costs are in Canadian dollars.

For someone good with numbers?  How does lower US dollar affect bottom line for Lakeshore share price?
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