TSX:LSG.DB - Post by User
Post by
Risktaker7on Oct 22, 2009 9:57pm
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Post# 16415496
Lots of Growth Potential
Lots of Growth PotentialWith the addition of WTM and their land package we will soon be advancing our exploration on Thunder creek and extending the Timmins shaft to access the resource.
We already have increased the Bell creek mill to 1500 tons capacity and now there is talk about either increasing to 3000 tons or build a stand alone mill at Timmins which I think would happen considering the potential huge resource at Thunder Creek.
We also have to include all the other property potential we will soon have with WTMs land package and now the huge land position now from Goldcorp. I think that also Probe (prb) have the oppurtunity to be the next takeover target for Lakeshore if their drilling program shows positve results.
I really dont think LakeshoreGold expected for all this growth potential to occur in the area and I think that their resources are moving up faster then what was originally invisioned.
Having been a long time LSG share holder and seeing management prove themselves time after time I am confident this company has huge growth potential and hope the Hochschild scoop never happens. Buying more tommorow.