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

RE: Stay calm

[Golfcar72]

Dude, it's gonna be bad.....promises were broken, and I imagine that Tony made a few just to stay on board as long as he has.  Bottom line is cash costs are going to be well up over $1000, probably in the 1100-1200 range and that completely blows their FY12 numbers.  To top that, they've got to list where the ore was from that resulted in such a low grade.  If it's from an anticipated higher grade zone, that's a bomb, nuclear style.

 

They lost money, added more debt, and produce below expectations in both quantity and quality of grade.  I want to be optimistic, but the short term offers little to hang a hat on.