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



TSX:LSG.DB - Post by User

Post by bosseon Apr 24, 2013 8:35pm
90 Views
Post# 21297379

Negative sentiment...

Negative sentiment...

It's all about delivering good  ore grade production numbers!

They have had thousands and thousands of drilling results and realy good intersections a couple of years ago.

When you look at their resource base number they have announced  a measured and indicated ore reserves of 5,800,000 tons  with a grade of 5.99 gr\ton at Timmins West Mine and what they have delivered till now is a mere 3,9 gr to 4,2 gr/ton quarters after quarters.

Big money having spent developping stopes and we still d'ont have  a confirmation of an improving grade coming forward!!

Nobody trust that managment any longer and  it might be too late .

This is, in my mind, the reason why we are at.the brink of going under.

 

 

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