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



TSX:LSG.DB - Post by User

Post by goldhappyon Jun 22, 2013 12:16am
497 Views
Post# 21563246

Good Money Ahead

Good Money Ahead

LSG will produce 4 gm + gold per ton at rough $40 per gram = $160 per ton revenue

LSG should be about $100 per ton production cost leaving $60 profit

At 3000 tpd times $60 profit that is about $180,000 profit per day

365 days times $180,000 = $65 million annual profit at the current gold price

I know about debt, tax and capital etc

With the capital spending curbed $65 million is hardly a company going broke

It is hardly a company that can reward shareholders at this time thus a low share price.

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