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

RE:RE:RE:Buyout

[bosse]

Just to add some thoughts on  Brigus deal valued at 200 M(including debt) and producing 100,000 ouces /year ,with lower grade (4.4 gr/t),lower production (2200 t/d),and lower reserve  it is obvious that LSG is way undervalue.The way the street is evaluating LSG is: 0,:50X416 Mt=208 M for a production of 175,000 +/- ounces/year with a potential of an extra 100 000 ounces in investing 150M at Bell Creek.
In my mind  it may be our turn in the next futur because it  offer a greater pride to a potential predator !!The longer it takes the better it is for us.
By the way I sold my holding in Brigus this morning and I'm thinking to put it in LSG or KGI but I will wait till the end of the week!!