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



TSX:LSG.DB - Post by User

Comment by goldhappyon Jun 28, 2012 10:01am
423 Views
Post# 20063319

RE: there is some light

RE: there is some light

Just to clarify myself about failures and bonus. It was several years ago we were promiced 100 k  gold   to        200 k  gold  300,000 oz of gold in the third year. Sure the Chairman laid to rest his optimism and this was swept under the table. We all swallowed the childish stunt that cost many of us long term shareholders 6 figures of lost cash when the stock went from about $4.35 to about 80 cents. This lie still thorns my opinion of Tony's leadership. I again was told the mill will be up to 3-3500 tpd by late 2012...not gonna happen. Lets not forget the mill was headed to 5-5500 tpd during 2013...not going to happen. We now have a mine that is fully developed to produce 3000 to 3500 tpd and was on track for 5-5500 tpd...we do not have a fiddles flock as to what the truth is any more. My interpretation is Tony over spent on the mine and ran out of money for the mill??? What are the true facts? Yes I heard the excuse about cost over runs and other laim duck chatter. That is smoke and mirrors for absolute miss handling of share holder funds. Many scenced the over spending and gross miss management and had the good scence to bail out way back when. For us longs it is terrible financial pain while this man take huge salary and bonus. I want this man gone. A 2500 tpd mine can run with one mine manager and a token board that are happy and willing to make this venture a great success. Is there anyone out there that can mellow out my thinking and why we pay a man millions for failure?? The planning , construction , labour , engineering and other all did there job. Who watched the books and controlled the media and spending...those are the folks that should be shuffled along for failure.

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