Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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



TSX:LSG.DB - Post by User

Comment by Golfcar72on Dec 17, 2012 11:55am
360 Views
Post# 20740098

RE: Payback?

RE: Payback?

No, yoda....we have known that LSG is not cash flow positive for some time.  Other than the periods in which financing activites have provided positive cash flow (i.e. - loans or stock issues), LSG has never been cash flow positive as a whole.  

 

What his is stating is that in 2013, the company will be generating enough net operating income to cover all expenses (operating, financing, and investing).  This is an "about time" statement, as LSG was supposed to be doing this in 2012, but that didn't occur - thus why the share price has declined as such.

 

If they prove operating income at levels sufficient to cover all expenses, the share price will start to increase accordingly.

<< Previous
Bullboard Posts
Next >>