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

RE:http://www.analystratings.net/stocks/KGI/

[bosse]

Thank you Harjay,
Most of them seem to be positive with a big gap for the possible futur share price!!
The only point I  want to raise with KGI is the potential production  coming within a year.
A the end of this calendar year (April 30th 2014)or before,, KGI will be producing 2200 t/d at 0,40 ounce/ton) or 880 ounces/day.You may draw your own conclusion on an annual output for  2015 (starting in May)and  the AISC are going to drop dramatically.
They  have only 70 M shares issued and have the  necessary funds to complete their expansion and they have over 4,400,000 ounces in reserves (all categories)
In comparison LSG is now producing 575 ounces/day (+/-)and will surely increase this output in a year from now.but have 416,600,000 shares and very tight finances.According to Tony the AISC are going to be at or lower than $1000/ounce in the Q4

As you probably know i am and will stay'' in'' with LSG but I have also a position in KGI.and has added recently.
In both cases we have to be patient and ''hope',that the price of gold will stay at the actual level...say $1250/$1350!
Have a good weekend!