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

2500 at 4.25 grams break even

[goldhappy]

2500 tpd at 4.25 grams should take care of the $30 million burn each quarter

 

moving to 3000 tpd for the 2nd half of 2013

500 tpd at 4.25 grams =  2125 grams per day for the second half of 2013

2125 grams at about $50 per gram =  $106,250 per day times 180 days = $19,125,000  cash 

Tony forecasts better grades than 4.25 so $20 million ++++ surplus cash for 2013

What do you think golfcar72 ?? Go easy on me as these are done off the top of my head for simple figures!!!

[bosse]

Now at 0,70...We are at the same level as we were at the end of 2008 (4 years ago!!!)and having issued 300,000,000 shares!!! What a performance!! Wake up BOD before it's too late