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

RE: RE: Thunder Creek Report on SEDAR.COM

[Risktaker7]

I would be very surprised to see any resource estimate this year on Thunder Creek. Depending on the assay results and the amount of drill holes involved a 43-101 sometimes could take up to a year to complete. It is safe to say we wouldnt see a estimate until early next year, depending when they are done drilling and when the results all come in.
I have reduced my position only in WTM by 50% yesterday only for the reason of moving funds around and taking some profit. I have also taken a position in AGE,MKR and PRB in the area. I have not sold any LSG and think there is a huge upside yet to come after both our mines start up and the takeover premium will come in DEC 2010.This company has met all expectations and deadlines and on budget. It wouldnt suprise me for LSG to be trading anywhere from $5 to $10 one year from now. Like Paul Van Eden would say, investing in good management is as important as investing in the property they have.