TSX:LSG.DB - Post by User
Post by
lornon Jan 13, 2013 8:57pm
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Post# 20832520
Re. geoffs13...
Re. geoffs13... ...."I remember I got some bad news from the PR guy and that was the " glory hole" was a one shot pony .This bothered me because the rich grade was supposed to be there".....
If you are referring to the hole at Thunder creek deposit? Why would Lakeshore spend millions of dollars drifting from Timmins West Mine to Thunder Creek deposit. why would they spend millions on multiple levels accessed by ramps, why would they spend millions of dollars creating multiple stopes for future mining if they new there was just one glory hole?
I can not believe that Mining experts like Sprott and Franco Nevada would invest millions of dollars without due dilligence.
Take a look back at the displays showing the amount of work done on mining infastructure completed in so short a time...personally I am amazed at how much Lakeshore has accomplished in just 2 years.
If this company is not doing well I don't think it is the entire fault of Management. IMO it is powerful people who control price of gold and and those who manipulate the stock price for their own gain who are responsible for this low share price. IMO. of course.