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



TSX:LSG.DB - Post by User

Comment by Timminsgoldon Jun 15, 2012 11:33am
473 Views
Post# 20018008

RE: RE: RE: 2500 tpd

RE: RE: RE: 2500 tpd

I think you are missing the point. LSG has been, for quite some time processing development ore. They are now into sufficient mineable stopes that grade 5/6 g/t at the Timmins mine to sustain production at these higher grades. Q2 results will either confirm, or contradict that the forecast ore is there and capable of being consistently mined.

Many mining analysts gave up on LSG and blew off their shares. Also, many others have stated openly that LSG misrepresented/did not have the grade claimed in their Reports. Time will, tell based on published results if the analysts or Tony is accurate. Many have been hurt by the "glowing expextations", that were too premature. Such rosy predictions should not have been made and I believe Tony has learned his lesson 'forecast only what you can deliver, but deliver more than you forecast".

Those of us who are long can now sit back and trust that future quarterly results, confirm why we are still long and should allow us profit from our patience. IT HAS BEEN A LONG ROAD, BUT OUR PATIENCE SHOULD PAYOFF HANDSOMELY.

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