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

Size of 144

[Risktaker7]

They have over 4 kms to explore and drill. When you look at all the drill results they are focused on what area is close enough and feasible to drift over from thunder creek for the fastest production. From all the surface and underground drilling thats planned for 2015,we should have enough proven resources for many years. Good to go


Risk

[bigdaddycash]

question is - will potential suitors wait for further drilling to prove-up reserves or attempt a M&A at a lower price prior to official reserve update(s)?  can anyone comment on if there is enough info in the current results for experts at acquire(s) to extrapolate the size of 144 (and other LSG deposits)? I personally have all the time in the world to wait (years) for updated reserves

[idlefreebird]

bigdaddy , there is definetly enough info there to know that it will be a mineable resource.The grades and widths demontstrate a significant ore body .There are onces there my friend and to think there is still 144 North and South with initial drill holes in 2012 (HYW 12-43 North ) and (HYW 12-45 South 2.01 gpt for 41.70 meters ) that bodes well for a major trend of ore here.GLTAL