TSX:LSG.DB - Post by User
Post by
goldhappyon Jan 28, 2015 10:36am
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Post# 23371982
Tony Makuch , President and CEO of Lake Shore Gold,
Tony Makuch , President and CEO of Lake Shore Gold,
"The results being announced today are very exciting as they significantly expand the size of the 144 Gap Zone and position the Zone much closer to Thunder Creek than previously identified. Everything we have seen to date supports our view that the 144 Gap has the potential to add considerable new resources and introduce an important new component to our production profile. With six drills working on surface, our exploration drift advancing towards completion during the third quarter, and underground drilling expected to commence by mid-year, we expect to generate significant information and news flow about the 144 Gap Zone in 2015. Our target remains to establish an initial resource at the 144 Gap Zone for the end of the year."
the above is all from the current report...
One must read a little more into what is being said and tie that into the amount of money , equipment , time and resources. Look at the exploration drift , drilling , promiced MRI by the end of the year. News will come forth throughout the process. The share price has only one way to move on a regualar basis...a few pennies back and forth then several dimes ahead. A few corrections but I see 2 bucks by Easter. It takes mining companies and explorationsist decades and tens of millions of dollars to get to this point. Look how Tony took this small exploration company ahead. The mining now pays or the exploration and all other costs. He is working on several juicy exploration fronts with more places to search in the future. You can have a slice of this action for just over a buck at this time...Yes right now. I repeat I see 2 bucks by Easter or very close to it...That is as long as gold holds and the dollar stays low.