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

Personaly these temporary increases

[idlefreebird]

in feed don't mean nothing to me. What I'm looking foward to is this. The new mill running on it's own witch the ore will be introduced from the truck to the crusher to the ore bin through the sag mill and foward to the already operational solutions side .I want to see the upgrade for Bell Creek underground gold resources in all categories up to the 1,000 meter level witch will be next summer, don't get me wrong the new update from the 700 meter level in Q/1 2013 will be nice but I want the whole package.This will determine the ouptput for the 2014 campaing as it presently stands at 150,000 onces from Timmins mine only.Then I will be confident in where this stock is going, to the $6.00 mark as the Fen Gibb project is a no brainer of a 5-6 million once pit size .Therefore Lakeshore will be producing between 225,000 to 300,000 onces of gold with a future 300,000 once a year production to come out of Fen Gibb , Lakeshore will have 10,000,000 to 11,000,000 onces in all categories in there books . GLTAL p.s this could all be forecasted within the next 1-2 years .ALL IN.

[bosse]

As far as Fenn-Gib is concerned,they are expanding the reserves in all direction and have indentified new targets.To say that they will have to increase the actual  1,300,000 onces of gold at 1 gr/ton in the indicated category ( 40,800,000 tons )  and they will have to triple the reserves and built a 30,000 tons/ day mill with a substantial investment.that would be

[idlefreebird]

bosse , yes I'm aware of the time frame , but to add the onces into the portfolio is not that far away as they have done the drilling and just need to add 15 holes to cmplete the overall resource.The cost is between 400-600 million . GLTAL https://www.lsgold.com/Investor-Centre/Press-Releases/Press-Release-Details/2012/Lake-Shore-Gold-Reports-Significant-New-Drill-Intercepts-at-Fenn-Gib-Open

[Sumcan2]

Idlefreebird,  400 - 600 million seems lo to me to be low. I am working on construction up at Detour and they are nearing completion of their 60,000 ton/day mill and the project cost is 1.4 billion.   A 30,000 t/d operation will obviously cost less to build but I can,t see it being less than half. Hopefully they are able to add to their resources significantly. 

[bosse]

Just to say that Osisko had a 789M CAPEX in 2008 to build their 60,000 t/day milingl operation including 100M for the moving equipment..So, a Capex to built a 30000 t/d in 2015 $ must be over  the high end of 600M. It is an interesting story to follow and surely promising in the event they can proved 5 to 6 million onces of gold with a grade  of 1 gr/t and a gold price of 1700$

[idlefreebird]

Sumcan2, hey ya well $600 million is pretty close to half for me ha ha .That is what Prodigy was quoting for there 5.9 million once resource and was projecting 30,000 tpd mill at the 500-600 million mark.All equipment is smaller.The resource isn't my concern as 1500 meters x 250 at 500 meter depth is a no brainer . GLTAL