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

RE: Personaly these temporary increases

[bosse]

As far as Fenn-Gib is concerned,they are expanding the reserves in all direction and have indentified new targets.To say that they will have to increase the actual  1,300,000 onces of gold at 1 gr/ton in the indicated category ( 40,800,000 tons )  and they will have to triple the reserves and built a 30,000 tons/ day mill with a substantial investment.that would be able to produce 337,000 onces /year.

I d'ont know the tag price for such a project but it wll take a time  frame of at least 5 years.

But first they have to deliver with better production at the Bell Crek Mill.