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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 > Share Holder Right Plan...
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Comment by digger144on Jan 15, 2013 7:11pm
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Post# 20842500

RE: RE: RE: RE: Share Holder Right Plan...

RE: RE: RE: RE: Share Holder Right Plan...

Hey Imstock...

You make some very good points.  However, this play is not " a low grade mine".

I consider a low grade mine as the industry does at...1.00 g/t. and less...LSG is far from that at 4.00 g.t.

The problem is that they are "pulling the muck" from three different underground locations which reflects on the higher production costs....for an underground mine the ideal grade would be 6.0 g/t. and up.

Regards,

Digger144

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