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

RE:RE:My Take Over The Next 3 Years

[LexMark747]

We are in a secular comodity bull market.  The longest one lasted 17 years and the shortest one lasted 13 years.

There was a precious metal bubble that bust in 1980.  Gold traveled from $35 an ounce to $850 an ounce.  At $850 an ounce for gold and $50 an ounce for silver the bubble did burst.  A commodity secular bull market commences 20 years after its last peak.  Fir instance, 1980 precious metals peaked, hence the begining of a 20 year bear market in precious metals.  Now that takes us to approx 2001 when the next secular bull market started in commodities. It's history my friend and history does tend to mirror itself.  So the precious metal market will eventually come to a bubble and when that buble does burst you definitely want to be out because it will be 20 more years of a bear market before the next secular bull ramps up again.