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



TSX:LSG.DB - Post by User

Post by lornon Jun 13, 2012 6:46pm
409 Views
Post# 20010831

Re. Goldhappy....

Re. Goldhappy....

Was not to long ago that some here were calling for Lakeshore to stop all the spending on mine building and drilling exploration and stick to producing gold....sounds like that is what is now happening.

I seem to recall that someone here had said that Lakeshore was now into hi-grade ore in excess of 5-6  grams per ton...Think it was Dogwag said something like this.

If this is the case...hi-grade ore then less tons of rock and more gold, also as someone just mentioned here these changes could be due to Sprott requirements.

And the share price did not drop a whole lot to-day so some may see this as good news?

The next couple of days trading will give us a better idea of what the market thinks of these changes.

Another thing is a noticable uptic in the voluum of shares traded a week or so before this announcement, there are always some market people in the know who are aware what is comming and the share price creeped up.

And like you said...what shareholder money?...I'm worth a hell of a lot less now than when shares were at 4.00 plus.

 

 

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