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



TSX:LSG.DB - Post by User

Comment by bosseon Jan 31, 2013 7:28pm
314 Views
Post# 20920866

RE: WEBCAST

RE: WEBCAST

On a positive note,Tony seems to be in control and moderatly optomistic about the operation,cost control,cash cost,cashflow  futur development and financial position of the company.

He has answered one of my question (and probably yours): What overall grade are you processing at Bell Creek mill NOW.?

Honestly I was expecting a much better grade than 4,0 gr  to 4.5 gr /ton.

So it seems that the grade will be at the most 4,5 gr/ton the first 6 months of 2013 and increasing later one but not over 5,o gr/ton .

Not so bad as long as price of gold stand at the actual level....

 

 

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