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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 > Write-Downs
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Comment by bubbleworldon Mar 24, 2014 1:07am
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Post# 22358442

RE:RE:Write-Downs

RE:RE:Write-DownsI understand the lower grade ore being non-economical, but I am still curious as to what exactly they wrote off. The entire 1 Million ounces of Fenn-Gib because it's near 1.0 gpt? I understood it was to be an open pit mine. Basically I'm saying I understand the concepts but I'm still curious about specifics, what did they actually write off?

As for the USD/CAD exchange rate yeah I've had my eye on that alot. I've seen a move down in LSG when the USD went down, but not up when up lol.


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