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



TSX:LSG.DB - Post by User

Comment by basemetalon Nov 21, 2012 8:35pm
351 Views
Post# 20629989

RE: RE: Wow

RE: RE: Wow

IdleFreebird:

Two factors have caused the TD analyst to reduce his NAV5% from $1.83 to $1.49:

He has reduced the life of mine grade of WestTimmins from 5.2 g/t to 4.5g/t and,

He expects the increased mill capacity to be delayed until Q4 2013

(Earlier he excluded FennGib and the 144 zone from his NAV calculations)

Do you accept either of his rather arbitrary revisions ?

Whatever your answer, a market price of .75c is mindless.

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