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

RE: Look at other 100,000 ounce producers

[waltersobchak]

 

Yes but those other 100,000 oz producers are not in this particular area ... in my opinion we have been in the hands of the shorts , and i feel that there is a huge short squeeze coming up that will probably take us back to 1 buck . At the end though you are right , if you are not trading the stock this is dead money for a while . In my case , I just pick up a few every time it falls below the .80 cent mark - If gold holds these levels and I believe it will , then this is a no brainer . The stock is not going anywhere until next results but down , then short squeeze ,  then down again . Just be aware about playing that game , this is a love to hate stock , but it has some unconditional holders that firmly believe that this story is going to fly . I am sure there are a few cowboys out there playing around with a couple of hundred thousand shares in and out , and why not ? there is plenty of liquidity . I dont agree the lows have been broken yet - in my view the low from 2009 still stands at .65 . In any case at one million shares and at this levels we are talking about moving the stock easily with just 300 grand . Whomever is doing this is having a lot of fun - I would tell him just one thing - Just look out for bigger fish around ! LSG may be small ,but it draws a lot of attention . WS