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

RE:Question

[Timminsgold]

Harjay: I believe LSG will announce the March gold pour at not less than 22 bars(15,400)oz. Add this to the announced 31,000+ for Jan/Feb and you get some indication (46,000oz in 1Q)  of how profitable this little baby (LSG) is. The costs were release for Q4 recently and LSG probably averaged $1,300 for gold in Q1, so the free cash flow should be most impressive.

LSG is getting creamed in the market right now. However, the smart money can also see these numbers and are buying shares at these depredded prices.