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

FINANCIAL LIQUIDITY CONCERNS--again? still?

[yoda2]

The RBC report identifies serious concern about LSG's financial condition given the risks in achieving the  planned grade targets combined with the inherent risk of a possible drop in the price of AU,  possible operational problems, and the upcoming required debt repayments.

Financial management has not been one of LSG's strengths. This concen and LSG's track record in keeping promises and in anticipating problems has in the past lead to unexpected panic financial deals with high costs and with large share dilutions.

WITHOUT A CHANGE IN MANAGEMENT these concerns continue to linger and drag down the share price.