TSX:LSG.DB - Post by User
Comment by
bigdaddycashon Jun 15, 2014 1:05pm
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Post# 22661628
RE:Lay-offs are hitting LSG!!
RE:Lay-offs are hitting LSG!!Check what laroplex wrote back in April 2013 to this same board below. Same type of message - funny thing is that LSG is actually making crazee free cash flow at $1400 oz gold. Note sure who laroplex's source is? Although I do like his altruistic nature in providing this info - what is the motive?
GLTALs
Below is what laroplex posted in APril 2013:
"Word on the street......Big shake down at Lake Shore Gold.......Glad i have not taken a position just yet......Apparently many were dismissed last week and more to come.....Timmins West Project is not sustainable with $1400 Gold price......Their grades are terrible at 3g/t or less........Maybe Makuch is fine tuning the operation(wo knows), but letting go of contractors is not good, not good at all for LSG and for the City of Timmins.......Good luck folks, as i have my own problem with my own Mining plays."