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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 > Record daily average production ...
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Post by bossu on Jan 07, 2015 9:14am

Record daily average production ...

Lots of records this morning...Obviously excellent on every front! Record daily production in the Q4 of 3559 t/d and 3410 t/d for the year.Probably record cash flow for 2014 and record debt repayment.We see an evident decision to reduce grade at 4.2 oz/ton and not a bad decision because guidance high end was reached and higher grade kept for 2015.Preliminary cost estimate for the Q4 next week will be very interesting. Good showing !Congratulation Tony to you and all your team .Now is the time to focus on ''mine life expansion'' and the budget is quite impressive i($ 15 MM) and all will be spent in 2015 !!Another very promising year ahead! Posting Rules
Comment by bigdaddycash on Jan 07, 2015 9:20am
probably will not move the price though as most of this info was anticipated.  this is just confirmation.  gltals...
Comment by mary-ally-smith on Jan 07, 2015 9:28am
Agreed, just enough to put the worrywarts at peace and nothing more.
Comment by BrahmaViddo on Jan 07, 2015 9:29am
4.2 grams/ton NOT oz/ton.... this isn't Red Lake
Comment by bossu on Jan 07, 2015 10:00am
Everybody on this board must have noted that this a lack of attention from my part... so not necessary to waste your time !
Comment by HARJAY on Jan 07, 2015 10:38am
bossu I  don't think you really need to explain yourself  because of a person like him , he likes to always be negative . Its clear he has an AGENDA.
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