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

LSG not so bad as some have posted!!!

[goldhappy]

Tony made a choice to produce gold. Hochschild Mining plc bought a wack of shares in 2008 and later. Tony had a good financial partner perhaps someone looking for control? Share price rose on speculation. LSG had a very good exploration program. Then in 2010 Hochschild Mining bailed some 109 million shares and more as time passed. This was at a time when there was far less shares outstanding. Hochschild took a lot of shareholder money. They had inside information and used this information to take a lot of money out of the company....LSG. I think Tony may have been blind sided at that time. Since that time Tony has taken us through a major world financial crisis with borrowed money...borrowed because of Hochschild raiding LSG shareholders. Tony has proven himself as a rock solid manager. He did not cut and run like others may have done. He has built a very respectable gold producer that is able to pay back its loans on time. He has also sparked up a very lucrative exploration program. We already have more exploration success at the 144. Now he is adding a drill. These people are careful with money. Three drills would not be drilling the same location if great results were not anticipated. Three drills on short to mid depth holes will give us a pile of assays in the new year. Maybe another bonanza!!! In any case we have weathered this ride for many years. LSG is what Crammer might call an orphan stock. This company can pull off a double easily this coming year if not higher. All is not riding on the price of gold. Exploration success will be a major contributer.

[LexMark747]

I totally agree with everything you have said.....But I do have one sincere question.....Why hasn't Tony put in any of his own money into a Lake Shore Gold Investment?

[rusted1]

his last buy 200,000@.78 april 2012 2076336 2012-04-25 2012-04-25 Direct Ownership : 10 - Acquisition or disposition in the public market +197,000 0.7800 297,000 2076339 2012-04-25 2012-04-25 Direct Ownership : 10 - Acquisition or disposition in the public market +3,000 0.7900 300,000

[LexMark747]

I didn't realize Tony had put his own money in .... if so, where did you get this information from?

[bigdaddycash]

        2076336 2012-04-25 2012-04-25 Direct Ownership :  10 - Acquisition or disposition in the public market +197,000 0.7800   297,000                

[bigdaddycash]

of course it would be more bullish if he put his own $ on the table, but checking sedi I see the guy has 6.6MM options (2.28MM have an exercise price of 0.41 so deep in money right now).  he also has 2.1MM RSUs.  even though he is the CEO it is a smart idea to be diversified seeing his source of income and the LTI represents signifiant exposure to LSG - no? also, saw your post on income

[ERTguy]

This is a great company from my personal perspective however I'm still awaiting an entry point.   If you look at the price of gold, it seems to be in a descending triangle pattern.  Sure it's tested it's bottom a few times and bounced back, however the bullish trends are continuing to get weaker.   I suspect next time it touches the $1182 range it might break below it. &

[goldclrglasses]

Who can blame you for waiting to pull the trigger? I wish I had never put money into this stock. Months are turning into years, and still no glimpse of getting my money back. All I can do is sit and wait. I know many of the lsg longs have infinite patience, and you have to because for many of us with average prices in the $3 range or more, it could easily be another 5 - 10 years before we're

[castle123]

Hold on for another year! Don't sell just before it gains significant momentum.

[Allthewaydown]

Did not know the Hochschild story. Interesting, since at the time of the Timmins gold show this past May there was somebody from Hochschild poking around, so maybe they are still not done with the Timmins camp. I can't believe all the "hate" news being released about this stock - articles about the short interest rising in September, bank downgrades .. and all the while the

[goldhappy]

allthewaydown...just to follow up about Hochschild....it was not meant as hate news. I was trying to explain my high opinion of Tony as a leader. He is still here through thick and thin times. LSG is very successful. The stock price may not reflect that. Now that LSG is diamond drilling and paying as they go I expect this company will grow in size. It is a very long hold and not for everyone. GLTA

[Allthewaydown]

<>  I understand that, and was not trying to convey that impression. I was interested because I did not previously know about the Hothschild connection. My mention of hate news was a different topic. I think actually that "sector underperform" has to be interpreted properly. Is it underperforming relative to ROE, or relative to P/E, or market cap per ounce of reserves, or