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



TSX:LSG.DB - Post by User

Post by digger144on Nov 04, 2010 6:54pm
567 Views
Post# 17660705

Conference Call Highlights...

Conference Call Highlights...
Please do not get discouraged by the action today in terms of the share price....the dissidents are few now and the powers to be will do a good clean up....5 million shares traded today...it is all good!

The way I see it the average price that Hochschild paid for the 109 million shares was $2.60 they sold all those shares for $3.60 which is very, very positive going forward.  If some of you think that they found a bunch of "suckers" who do not know what they purchased...well...maybe think again!
This has all been planned and will play out in the not too distant future!

We will move forward...do not let the late comers take your hard earned shares!

Think of it as a long car journey you have taken for a personal vacation...it is always the home stretch that is the most difficult to complete and we believe we will never get there....we get tired but it all works out in the end!

The Bell Creek Mill is operating at a most impressive recovery rate of 97 percent!  In otherwords, they are able to extract and collect 97 percent of the gold that is in the ore that is processed on site. Achieving this kind of recovery rate is excellent and in my personal experience you do not see this very often...it is very rare!  This means that the Mill is highly efficient and perfectly set up to process the Ore and to further add to this they believe they can improve on that most impressive performance with some fine tuning.  Very important that your money machine is top notch!

What I really got excited about and I did mention this in a previous post is the new zone that is emerging at depth at Bell Creek.  If you go to slide 13 on the latest presentation follow hole BC-10-92B situated near the bottom of the diagram.  Count them...one...two and now there is three!  You can clearly see how there was two known zones moving down and now...bang...three!  What a most wonderful site!  Eric Kallio, Vice President of Exploration mentioned how difficult it is to get continuity at depth and very difficult to duplicate high-grade gold occurrences as you drill deeper.  This discovery is most significant and when we get the assay results it will very much impress the investment world!

I believe what we must realize is that over the course of this most wonderful journey many unexpected events have taken place which has disrupted the market place and plain and simple some are just fed up...similar to what has taken place in our little world.  Such is life and to those people I say...good bye...and good luck!  No hard feelings!  However, I have not lost my focus and will not fall victim to various circumstances but my determination and vision is still intact and I look forward to a bright financial future with this stock!

Take Care All!

Digger144

P.S.  Man...I cannot wait for the results from BC-10-92B!
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