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

RE: CIBC target

[agoldbloom]

Could you post their analysis please?  I think the markets over-reacting again and will rebound somewhat like the many other companies that disappoint relative to expectations.  LSG has been a darling for quite a while but to get knocked down from $3.40 to $2.50, and in such a short timeframe, yikes.  Time to phase back into this one.
According to longer term charts LSG is currently trading at a support level from April 2010.  Given the drop, the support at this level I suspect a close back above $2.65 today as the selling pressure subsides.  All IMO.