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

RE: RE: My View

[UKGeorge]

"On the  other  hand  Tony   M and  his  lsg  team have  delivered  with  great  exploration  results  beyond  expectations , brought  the  capex  on  below  budget  and  on  time,  declared  commercial  production as  promised, is  meeting  guidance  proction  with  coats  below  budget  forecast  with  revenues  higher  than  forecasted and based  on the  analyst reviews  available  the  concensus is  a  triple  of  production by  2013  with  another  double anticipated   by  2015  based  on the  size  of  a  mill in  west  end  and  oz  are  forecasted  to  grow "
 
Great exploration results where are the JORC numbers, H2 2011 that's where so not delivered yet. 
 
"declared  commercial  production as  promised, is  meeting  guidance  proction  with  costs  below  budget  forecast  with  revenues  higher  than  forecasted"

Production was delayed and targets dropped, so not that great. 

"the  concensus is  a  triple  of  production by  2013  with  another  double anticipated   by  2015"
 
funding from where?

so far they have managed to increase capacity from 1500 to 2000tpd in 3 years hardly fills you with confidence that they will get to 5500tpd by 2013.

Also Hoc have outperformed LSG. not that, it has anything to do with my view on LSG.