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

RE:RE:RE:RE:Too much debt and short mine life

[goldhappy]

    LSG was an exploration company building reserves to one day sell off to a larger company. Tony took over with all the bumps and jolts a stock market can give a company. Example price dropping to 16 cents trade last year. LSG under Tony lost credability and built up debt. I gotta hand it to the man.The loans and share dilution got his mill expanded,a couple producing mines,some terrific exploration work being done and the debt coming down and a fat wadd of cash and bullion in his drawer...(((perhaps 80 million dollars...)))...almost forgot the low cost gold production....best in its class.
   The volitility in the gold price is in a fairly narrow band....$1100 to $1200 for a long time.Many other companies are holding back on expansions and running into difficulty with high cash costs to produce. Lakeshore Gold on the other hand is full steam ahead with debt repayment, tonnage and grade produced , possibility of an entire new ore body at the 144-GAP.
    What is not to like about LAKESHORE GOLD!!!!...for a buck a share...come on folks!!!