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



TSX:LSG.DB - Post by User

Comment by Vanchesteron Sep 20, 2010 2:57pm
490 Views
Post# 17470098

RE: RE: RE: NR - New high grade gold

RE: RE: RE: NR - New high grade goldThe news was not that great, 6.95gpt over 8.6m as your best hole is nothing to get too excited about.  When considering how many drills they have going at Bell Creek, it sure looks like there was a fair share of misses. The title of the drill results says it all

"BELL CREEK COMPLEX UNDERGROUND -- SIGNIFICANT ASSAY RESULTS"

So how many dusters were there? Well they reported 221 to 261 which makes 40 holes. "Significant results" on only
15 holes ....... so one has to assume that 25 were less than 3gpt.
 
Also don't like this statement:

"There is no guarantee that drill results reported in this news release will lead to the identification of a deposit that can be mined economically, and further work is required to identify resources and reserves."

Not very encouraging.
 
I get the feeling Tony has made Bell Creek his little baby and will keep drilling, regardless of results. I sure hope this pans out for him because a lot of dough has gone into Bell Creek exploration.

And don't call me a basher, I have too much at stake in this puppy.

v.
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