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



TSX:LSG.DB - Post by User

Comment by digger144on Nov 07, 2012 2:16pm
334 Views
Post# 20573082

RE: Digger

RE: Digger

Hey Imstock...

While it appears that a bottom is in, I feel that the selling may not be over....one more leg down.

They had an awful third quarter and the loss in black and white will not be pretty....which may trigger a final capitulation event, taking into consideration tax loss selling season.

In my opinion they have a grade problem at the Timmins Mine...a few years back they did mention that a "nugget effect" may be responsible for sqewing the assay resullts...it was never mentioned again since then.

Again....it is a show me story...but...the debt burden may overwhelm any short term success.

HIgh risk venture...to be sure!

Regards,

Digger144

P.S.  I wish all shareholders the best....you are really up against it!

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