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Bullboard - Stock Discussion Forum LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

TSX:LSG.DB - Post Discussion

LAKE SHORE GOLD CORP 6.25 PCT DEBS > Whats going on????
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Post by Goldhound3 on Jan 07, 2014 10:13am

Whats going on????

This stock was at 4 bucks and now we get great news that we have record gold production 134,000 ounces and all the stock can muster is a one cent gain... If any bad news comes out I think were all in trouble..
Comment by bigdaddycash on Jan 07, 2014 11:10am
$34MM free cash flow in Q4.  If this is sustainable then the company is clearly mispriced.  Either the stock price will appreciate or be taken out.  Very interested in knowing the Q4 costs per oz which may force analysts to re-evaluate their prices.  GLTA.
Comment by idlefreebird on Jan 07, 2014 12:05pm
bigdaddycash , this shouldn't be to hard to figure out as if they made 34 million and gold sales price was $1267 and that as of Sept 30th cash at hand was 15.2 million minus the 34 gives them 19 million for the quarter.Then when you brake that down and presentations show 11 million was made from months of Oct. and Nov. that would be an average of 5.5 million a month and DEc. would've been ...more  
Comment by lorn on Jan 07, 2014 11:39am
Our stock price is greatly influenced by the price of gold which is controlled/manipulated by the world masters who control the paper money Ponzi scheme. Gold is down today so our stock does not respond to good news as it would under a free un-manipulated gold price. IMO.
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