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



TSX:LSG.DB - Post by User

Comment by analysethis9on Dec 02, 2012 9:37pm
293 Views
Post# 20673220

RE:gold

RE:gold

Lorn

since Obama  took  office  gold  has  gone  up  117% and  with  escalating  printing  of  u.s. dollars 

should  double  234% in next  4  years

By the  way  gold  is  up  180%  in  euros  during  the  same  period 

Goldbugs  will love  Obama   as  the  republicans  wanted  to  fix  the 

price  of  gold  to  match existing  debt  probably  around  2,500.  oz 

let the  machines  print  24  hours  a  day  and  overtime  like  germany  did in the  1930  s .

the  only  problem with  lakeshore is  management  keep  hiding  report  card  and  trying  to hide the  truth

of  mistakes.Too many  mistakes  and  will  still  need 2  years  to recover   with more  dilution and  cash

required  to correct  errors  of  the past .

You do not  sink  a shaft on  inferred  oz  as  it  may be in the  wrong place  and then  compound it chasing 

zones  1  km  away  again  inferred .

How  many  reserves  oz  are there 

 

The  answer lies  in the  7.5 m drillling to  avoid  drifting  where  3 g/t  or  less  is   as  we  all know there  is

no money in that .

What if they  are  flat  lying  as  shown in photos  last  

What  does  it  mean  to  cash  costs  drifting  away  from  shaft

Good  luck  Lorn

 

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