TSX:LSG.DB - Post by User
Comment by
idlefreebirdon Mar 17, 2014 11:14am
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Post# 22331386
RE:looking Forward
RE:looking Forward05RfiRich , there is no way they will get that all in cost to that level of $835.00 an once as of yet.The debt (s) or part of the all in cost and we need to reduce that before a drop.The reason so low I'm assuming was the stockpile was charged to previous quarter , therefore giving leeway to 4th quarter.The botom line is Lakeshore is paying off debt and making cash per once poured.There is only positive from here as the biggest positive for me is they succeeded in the coldest winter in Timmins in over 20 years that is a MAJOR achievement.GLTAL p.s all in cost $950-$1050 .Still making money.