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

TSX:LSG.DB - Post Discussion

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Post by goldhappy on Mar 17, 2014 4:26pm

Just my own opion

I don't hang from the edge of my chair gasping over every share movement. That means up or down. I do concern myself with the activities of LSG as a producer and more so as an explorer. The POG is everything when it back slides too far too fast. We recently had a nice run up in the POG and LSG followed a similar path. The extra cash in the first quarter sets us up for a decent year of profit. The exploration is more than welcome. It is better than looking at a lottery ticket. We will get some very encouraging results. This team knows exactly where to drill. They got cash strapped and shut down exploration to get the mill completed. Good call !! Now we are producing profit plus exploring. A giant win-win for all of us investors. A little pull back will allow some of us to pick up some shares "on sale". Always happy to read the information others post. Don't always agree but have great respect for their opinions. The absolute foolish posts we all know to skip over them lightly. Maybe they are not so foolish to the person doing the posting. Sure feels a whole lot better than 30 cents. If we can get a double from here it sure would be nice. Can't see why that won't happen unless POG tanks again. By then we should be into some decent exploration drilling results. GLTA.
Comment by Trashenstein09 on Mar 17, 2014 5:11pm
The political instablity in Crimea will soon become a disappearing factor. I did hear today that N Korea carried out some military exercizes. https://www.cbc.ca/news/world/north-korea-defensively-test-fires-25-short-range-rockets-1.2575227
Comment by IMgolden on Mar 17, 2014 7:32pm
Well said.  Now is the time to drill.  It's been such a long time since they posted any drill results.  Seems like it's been a year.  I'm hoping they come out with something soon.  Even so, I'm happy with they way they are taking this company.  Using net free cash flow to pay down the debt is a good thing.  Maybe a little more drilling would be ...more  
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