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



TSX:LSG.DB - Post by User

Comment by idlefreebirdon Jan 15, 2013 7:55pm
256 Views
Post# 20842644

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

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

Digger , so many variables.When you say 6gpt is better than 4 gpt yes by 2 gpt ha ha . This all depends also on mill throughput as a 6 gpt mine that can only put out 700- 800 tpd has less cost but not many onces by year end, mind you can run for 50 years ha ha .To say Lakeshore is pulling ore from 3 different locations is sorta not true, as Timmins West and Thunder Creek  is one and to say they are different I would justify it as were I'm working as at Hoyle pond we are minning 1500 meters vertical and at the 300 m level witch is 1,000 meters away , witch is no diferent than the 750 meters fom T.W and T.C , actualy the straight line for Lakeshore is not as costly .There are to may things, as size of stopes reduce cost and so on and so on.For Bell Creek it is right under the mill witch when processing 2500 tpd will be cheap..You are a smart guy and can figure out that in the long run Lakeshore will be a profitable company.I'm aware of all the bills and the gold payback but your return would be greater here than with KGI as I also had a chance to get in KGI way back when it was $5.00 and it went to $15.00 only to find it back down to the $6.00 mark today.It's all a matter of preference anyway I've said enough and care not to explain anymore or have numerous back and forth with you. I wish you the best , truly I do. GLTAL

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