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

Ok giving it some thought

[idlefreebird]

and trying to figure out the quickest and cheapest way to get Bell Creek to the maximum output.The first step is looking at production at present . Lakeshore is hauling ore from approximately 700 m level according to analyst presentation.They seem to be hauling in and around 750 tons per day as of what they are aiming for.The 1.7 million onces sits down between 800-1200 meter level.Therefore they are trucking 700 meters at present and have a shaft that if refurbished to the 300 meter level and keeping present hauling methods would bring us down to the 1,000 meter and in the bulk of the major gold zone .Then you can go down to the 1,000 to 1100 meter level in a quicker time frame and cheaper investement but you need to purchase a truck or two to get yourself up to the 2,500 tpd mark ; but even if we double to the 1500 tpd mark until sufficient cash flow for deep shaft as there is gold showings down to 1700 meter level.GLTAL p.s just a thought .

[bosse]

  Idlefreebird,looking at the RBC positive comments following their visit to the LSG site ,they estimate a remaining mine life of 8 years for the Timmins West mine complex and only 4 years for the upper ramp acces portion of the Bell Creek mine. We see by the drilling result shown in your last posting that  there is a great potential deeper with very good ore  grade at

[idlefreebird]

bosse , you are right we are way ahead of the game now. We are making cash and paying off debt , dam $1800.00 gold would be so nice now, ha ha . Lakeshore has all the tools and assets to become a major player as Timmins West and Bell Creek combines 300,000 once a year output and a Fenn Gibb low grade pit at .99 gpt grade may I say witch is a higher end grade for open pits for another 300,000 once