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

RE: RE: RE: Re. Idlefreebird Fenn-Gibb

[dogwag]

NO RUSH FOR FENN-GIBB,I spoke to management 6 months ago after they finished the last drill program at Fenn-Gibb and they would only need a little more drilling and lower the cut-off grade to .20 GPT and they could come up with 5 million ounces at Fenn-Gibb and force Barrick gold to make a decision to participate in the project or let LSG develope it by themselves and gain 100% ownership of the project.This has been an ace in the hole for Tony and LSG so there is no need to rush on the Fenn-Gibb project.They don,t have to prove 5 million ounces at 2 GPT so they could lower the cuttoff grade and prove up the 5 million ounces at Fenn-Gibb.I posted a few weeks ago that I bought back into LSG and it might not have been the bottom at .67 cents but it was close.Hopefully we are on an upswing and I will hold till next year as my tax gain position is maxxed out for me this year and I do believe we are in for a good 2 year run with LSG.Happy Trading and P.S.I don,t think all the shorts have covered yet but they will soon!!!The Dog!