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

RE: RE: RE: RE: RE: RE: OINK OINK

[digger144]

HARJAY...

I knew you would get it!

Absolutely right...this is a grant of options, in order to exercise these options the holder must first put up the money to cover the value of the options that he or she would like to exercise at the proper exercise price which in this case is $3.65 per share option and then sell them using the public market place.  The money regarding the exercise of the options goes into the Company Treasury due to the fact that the Company granted the options directly to the individual that was awarded them under Company performance and incentive policies.

Whatever the individual gets over and above the $3.65 is theirs to keep once they sell the shares on the open market...incentive for enhanced performance and dedication to the Company.

Digger144