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

Metals & Mining Gold


TSX:LSG.DB - Post by User

LAKE SHORE GOLD CORP 6.25 PCT DEBS
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Comment by BrahmaViddoon Jan 18, 2012 4:16pm
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Post# 19418903

RE: so, why is this sideways on NR??

RE: so, why is this sideways on NR??

Because production guidance for 2012 is the same as 2011... plus their CAPEX for 2012 is very high for 2012... everyone was expecting a much greater production estimates for this year... doesnt matter how many ounces they have in the ground anymore... it matters how much they produce each quarter and each year... so dont expect any big upward moves in SP until they stop bleeding money, lower production costs, and start churning bigger profits..

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