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

Bundesbank Only Got 5 Tonnes Gold Back from U.S. in 2013

[Psalm9012]

Since most of us here owning LSG are also interested in developments in the gold picture, check this one out. The 37 tonnes of gold we heard last week or so that was reportedly returned to Germany by the U.S. is not true. Apparently, 37 tonnes was returned but that consisted of 32 tonnes from France and only 5 tonnes from the U.S. Here's the Bloomberg link: https://www.bloomberg.com/news/2014-01-20/bundesbank-to-recall-30-50-tons-of-gold-from-new-york-in-2014.html In case the link doesn't work (they used to for me) just put in the title, in the link, in Bloomberg search and you should find it. This revelation is in addition to our learning Germany's actual gold bars were not returned and then the Bundesbank flip-flop on where the bars were recast. Not to mention it's supposed to be 50 or even 100 tonnes returned to date depending on reference point. Greg P.S. Thanks idle for update. We get nervous when it looks like LSG is operating out of the norm.

[IMgolden]

They said (I read somewhere) that it was because it was easier to ship different gold from France than ship Germanys gold from the US.  Poor excuse I think.

[rallard]

Maybe after hurricane Sandy in 2012 and the flooding of Lower Manhattan the sea water dissolved Germany's gold into solution, it was then pumped to the bay and tanker ships headed to China by accident...China then boiled the seawater off and tada shiny gold for the PBC. This likely scenario may yet be used to explain the location of Germany's...Holland's, Sweden's, Finland's

[fuuf]

I think the solution entered the water table and headed north to Timmins. GLTAL!