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

SOC Trading Rules

[west12]

Manipulation/conspiracy theory is generally the easiest explanation. I know that manipulation is not within the rules, but, I have seen trading patterns in other stocks where you can predict the day-end price within a range at 11am. The market is saying (to me) that LSG is fairly priced for now, given the information that has been disseminated and it has been adjusted for the rumour mill via "SGG". Another $10-30/ounce increase in POG may be immaterial to LSG without knowing what's in the rocks. If you think there is more gold there, then companies with land surrounding LSG may be more of a lottery play. This is all conjecture on the part.