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



TSX:LSG.DB - Post by User

Post by bosseon Nov 09, 2012 11:53am
367 Views
Post# 20581949

Some clouds are clearing...the sky

Some clouds are clearing...the sky

With what we have heard yesterday some clouds are clearing the sky.

Grade will improve,production will improve ,reserves will improve and of course SP will improve, but the process will take some time.We have to be patient and I'm  in that category.

One  point that I'm not sure  and  was said by Tony isthat  the cash cost/once will be $825 (the high end of the first quarter guidance)

Average cash cost for the 9 months has been at $ 976 ($1016 and $997 after royalties)

So it should take a better grade than 4,0 and we know that the total production will increase  in the Q4..

Anyhow a 10% increase in grade and 5% increase in production is expected and to me, it's a beginning

of the turn over.At the end of the H2 2013 LSGwill be fllying much higher!!

 

 

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