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

Seem Uneasonable

[goldhappy]

....that a country like the USA has set a very poor example of how to handle a money printing press. I don't trust what the USA is doing. China holds the debt...poor China getting paid in very low valued dollars. Every day the USA debt ceiling climbs the lower the dollar value. The average public has not got a clue about money. To be quite honest I did not understand money until some of our bloggers started educating us a bit. China and Russia are working to establish a new currency...will it work throughout the world?? Time will tell. Countries will not feel as confident about paper money and I can see them moving back to gold. In our lifetime?...I think so. That has to be very good news for the price of gold. I also was a little sKeptic about someone controling the price of gold. Not a chance gold is not controlled. There should be a panic to purchase gold as the dollar is diluted. Gold will have it's day...when??? That all adds up to a long term gains for gold mining stocks. LSG is back exploring for gold. The exploration can be all financed or paid for in cash by LSG production of gold from the Bell Creek Mill. That is a big deal. Many if not all the known LSG ore bodies are open ended. That means LSG has not found the bottom or the sides of these gold zones. As geological information is gathered and compiled we can all wait in comfort knowing more gold is very likely being discovered. Tony and the crew are very quiet about exploration compilations. It is only a matter of time and we should be hearing some new results. When LSG outlines new rich gold zones it should have major impact on the stock price. That is the main reason I hold this stock..s.peculation of what LSG will discover. Add to that the very efficient operation as a low cost producer. Happy long week end to all.