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

RE: RE: Lakeshore's Gold

[x_plorer]

By 2013 Lakeshore is expecting to produce over 300,000 oz/year at the Bell Creek mill.
There is a cash cost of $350/oz therefore a profit of over $600/oz.
$180 million in profit   360 million shares in 2013?
Earnings of 50 cents /share
Gold stock usually trade at 20x earnings.
A $10 stock in 2013 with one mill.
Lakeshore is planning a second mill in Timmins West.
Double the oz. Double the earnings  Double the stock price

x_plorer