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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 > Shooting from the hip
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Comment by BrahmaViddoon May 10, 2013 9:06am
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Post# 21361970

RE: Shooting from the hip

RE: Shooting from the hip

Worst calculation ever... that is simply a basic number for the actual mining of the ore.. factor in the administration costs, taxes, wages, capital spending, interest, royalties.. youre looking at $1300/oz.. NOW lets redo that calculation... 2500 tpd X $150 = 375,000... per year that is only $136,875,000.. barely enough to cover operating expenses.. this is the truth

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