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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 > Lay-offs are hitting LSG!!
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Post by laroplex on Jun 15, 2014 9:14am

Lay-offs are hitting LSG!!

I hate to be the one to rain on LSG parade....but, of what i understand and know from talking to a few guys that worked at the Timmis West, they got laid off just recently.......Seniority list kept the veterans there though.......Could be a good thing , cutting more corner.......Of what the ex employee told me the grade was NOT there, and they are frankly not quite sure if they will be reinstated back......Good luck folks
Comment by bossu on Jun 15, 2014 11:22am
This not what Tony says and what we see on ''gold pours showing! Remenber,according toTony Q2 production is supposed to ''exceed''Q1. May be they are cutting costs and works for now on higher grade. But it is never good to hear that king of news from former employee and time will tell. Happy Father's day!!
Comment by HARJAY on Jun 15, 2014 12:22pm
1. I beleive we have to put in context the no. of people laid off compared to the overall workforce of the co. 2. Is it possible tht hese ex employees are a little put out by being laid off and said these things for spite. 3. Where these employees essential to a function or did they become redunt in a possible restructuring ? All these questions that should be answered to qualify how important ...more  
Comment by bigdaddycash on Jun 15, 2014 1:05pm
Check what laroplex wrote back in April 2013 to this same board below.  Same type of message - funny thing is that LSG is actually making crazee free cash flow at $1400 oz gold.  Note sure who laroplex's source is?  Although I do like his altruistic nature in providing this info - what is the motive? GLTALs Below is what laroplex posted in APril 2013: "Word on the street ...more  
Comment by PatriarchJI on Jun 15, 2014 3:03pm
Great catch bigdaddy... what a punk
Comment by baranja on Jun 15, 2014 3:13pm
There are a lot of paid bashers here and they do dirty  work on behalf of somebody,  and their purpose is to crash the stocks, but let me tell you, I would not have anything against miners start choping some workforce so everybody start understaning the size of the damage hoodlums did to mining sectors. during the last couple of years.
Comment by baranja on Jun 15, 2014 2:59pm
Check financial sector. They are firing, laying off left and right, like there is no tomorrow. Finacial sector is in serious poop too. ........Yeah,.. blame grades :))  And what did you expect? Hoodlums are crashing gold and gold miners for years now. What they are supposed to do?  Time for more money printing and taxation so they can cover all of those new unemployed and welfare cases ...more  
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