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

Lakeshore will be a money making

[idlefreebird]

machine . Timmins West over 150,000 onces a year , Bell Creek between 125,000 - 150,000 onces a year only to follow up with the Fen Gibb 300,000 onces a year as that resource is almost identical to Prodigy's 1.5 klm 5.9 million once resource , actually Fenn Gibb looks better . Time will tell but the future is "GOLDEN" .GLTAL

[geoffs13]

  I agree but was advised at last AGM that it would take almost 4 years and 100 million dollars to build a new mill at Fen Gibb.Why does it always take so long for LSG people to do something

[idlefreebird]

The reason is you have like Trelaney  12-18 months for the permitting . Then the construction . The new mill would be more like 400 to 600 million. That is nothing for a 5 billion in return .GLTAL

[geoffs13]

can they not speed things up and apply for the permitts NOW and keep the civil servants happy

[BrahmaViddo]

On a mostly inferred resource ???? How will they manage that ?

[idlefreebird]

They haven't include these results yet witch should bring more onces to the M&I category and they plan on drilling 15 more holes that would also turn infered to M&I ..With these holes they are probably well over 4 million onces .GLTALhttps://www.lsgold.com/Investor-Centre/Press-Releases/Press-Release-Details/2012/Lake-Shore-Gold-Reports-Significant-New-Drill-Intercepts-at-Fenn-Gib-Open