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

RE: Flat guidance

[farmboy75]

I am not concerned with our forward 2015 guidance.Our debt repayment situation is greatly improved. more efficancies are being sought.Our fuel costs are dropping somewhat.In 2014 we surpassed our guidance in every category.Even with a small drop in grade we are still very profitable at 1200 gold.I believe there is more upside than downside to the price of gold going forward. So as tony and the rest of us learned a few years back it is much better to predict conservatively and surpass guidance than miss guidance and disappoint.

[yoda2]

is there any basis of truth in this atatement:??  It also lacks near-term growth given that its Timmins West and Bell Creek Mines have likely reached peak capacity while its Fenn Gib project is years away from… it comes from seeking alpha: https://app.quotemedia.com/quotetools/newsStoryPopup.go?storyId=72707821&cp=off&webmasterId=101442

[idlefreebird]

yoda2, the truth is Tony has mentioned from time to time next 3 years 180,000 onces as this will get him capital to complete projects and add t our cash flow wich will enable him to pay off debentures.Timmins west is doing great with production and Bell Creek still has 60,000 onces in reserves above 775 level so there production will be stable till they get the shaft going down to 300 meters were

[yoda2]

idle -- thank you, very helpful --Looks like stable earnings over the next few years pending setting up production increases. It seems to pay off the debentures Tony will have to keep the LSG share price below $1.41 to prevent the holders from converting.  ie the debentures do not appear to be redeemable. 

[geoffs13]

Is there any other way to stop conversion or redemption of the debentures ????

[yoda2]

geoffs --  this issue has been a concern of mine for sometime.  I have raised the issue in the hope that other BBmembers, with more expertise, would be able to explain how the debenture conversion would not occur.  So far no explanations. So it seems that the debentures could be paid for (IE not converted) by keeping the share price below $1.41 until their due date(and then they

[geoffs13]

That is what is holding our price down ,sure wish somebody would come up with a good idea in how to stop conversion if price is above +/- $1.41.before Sept 2017