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



TSX:LSG.DB - Post by User

Comment by Timminsgoldon Dec 20, 2012 4:34pm
426 Views
Post# 20757791

RE: RE: RE: RE: RE: Payback?

RE: RE: RE: RE: RE: Payback?

CONFIDENTIAL

Thats a possibility. However its my view that Tony is demonstrating that he has started to turn the company around. More importantly he has hired under personal contract

1) Dr. Ramas (former President of Holmer Gold MInes). Dr Ramn was involved in the discovery and bringing into production 10 gold mines including Hemlo and Campbell Red Lake. He has been in charge of underground mining and plant operations of these various gold mining companies. Each one had ideosyncracies that were pecular to each mine and required individual solutions.

He has been requested to review all LSG major functions; exploration, milling, smelting , recovery/ etc. He will provide a recommended solution to any problems/potential probelms he finds to Tony. Apparently all senior Lsg managers are on side. He still has "major skin in the game" and is most interested in helping the turn around. He has cleared his schedule and will start 1/15/13.

2) He has also hired under contract another HGM guy to help with the markets. He will review the LSG programs and recommend solutions. He to will start 1/15/13. He also has a lot of skin in the game.

I believe these guys will definitley help Tony get the LSG shipped turned around and pointed in the right direction.

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