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

CIBC Target Price Raised to $1.50 from $1.00

[vince2001]

https://research.tdwaterhouse.ca/research/public/Stocks/NewsArticle/us/LSG?documentKey=1314-L4N0PQ319-1

[HARJAY]

ANALYSTS' RECOMMENDATIONS • Lake Shore Gold Corp (LSG). CIBC raises target price to C$1.50 from C$1 on the company’s strong second-quarter operating results

[bossu]

Exactly what I was saying at the end of last week about ''Analysts'' CICB might not be the only one to raise their target price ''to $1,50 from $1,00.'' There must be some others to come forward with new target and I would like to see a $1,90 target for now. But gold price has to stay over $1300 US. In the mean time , LSG SP stays quite strong with that 2 days $40

[bossu]

Correction ::SHOULD HAVE READ :each ounce of gold poured bring a $ 500 US or 25 M free cash flow with a 50,000 ounces poured per quarter! So we might say between 20M to 25M which is very good.

[bigdaddycash]

I see the LSG debentures are now trading at a premium to par value.  If you really want a sense of the future prospects of a company check out the discount / premium of their debt.  Seems LSG debt is no longer junk to investors.  Looking good!  GLTALs...

[leonenoel]

That's if the price of gold stays around $1350.  There's a strong global demand for gold as countries like Russia seeks to ween itself off the US dollar.  The BRIC countries are already talking about at the BRIC summit starting today in Brazil.