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

Why the 35% drop

[Goldhound3]

In the last week

[jpgoldilocks]

Many including the fed claiming US economy is improving, interest rates earmarked to go up, QE tightening increasing, Goldman reiterating gold under $1000, add on the recent write down, there is real risk that the bottom will drop out of this stock short term. Obviously, that's not certain, but there is enough negative pressure for me to have significantly lightened my holdings at .72 and .73

[rallard]

"Goldman reiterating gold under $1000" wow you believe that? good for you As for QE ending we will see in 6 months...my bet is the FED  will be melting the press's trying to keep the Titanic afloat I mean the US economy...

[jpgoldilocks]

They were correct last time.

[dutchmann64]

The US economy is still in the tank;......they are cooking the books. Ask any major supplier to the sector and they will confirm Companies like METSO, FLSMIDTH, CATAPILLER do not see any major capex type work untill late 2014 or early 2015.( Maybe )  To confirm what I am saying ;....if you have access or contacts to the vendors that supply these companies or steel supply houses such as

[baranja]

Dutch... 18 trillions in federal debt,  200 trillions of liabilities,  1 quadrilion in derivatives, big personal debt, lost manufacturing, debt based ponzi based "economy", Federal Reserve insolvent. The whole thing is collapsing.  Just single percentage of interest rate up will collapse most of the banks and bankrupt governments. I think no person with at least 1 gram