TSX:LSG.DB - Post by User
Post by
idlefreebirdon Aug 05, 2014 6:11am
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Post# 22808740
Lakeshore needs to spend money to make money
Lakeshore needs to spend money to make moneyas everybody doesn't like it but debt will need to be had to get Fenn Gibb to a 200,000 once producer and my feeling is the sooner the better.Look here at Goldcorp finacials , 625 million in cash but 1,482 billion in debt.GLTAL be strong stay long
| FINANCIAL |
| (US$ millions except per share data) | 2013A | 2012A | 2011A |
| Adjusted revenues(1) | 4,657 | 5,435 | 5,362 |
| Earnings from operations | 1,062 | 2,114 | 2,626 |
| Adjusted net earnings(1),(2) | 634 | 1,642 | 1,786 |
| Adjusted cash flow(1),(3) | 1,601 | 2,409 | 2,692 |
| | | | |
| FINANCIAL POSITION |
| Cash and cash equivalents | 625 | 757 | 1,502 |
| Total assets | 29,564 | 30,979 | 29,374 |
| Long-term debt | 1,482 | 783 | 737 |
| Capital expenditures | 2,400 | 2,800 | 1,778 |
| Total equity | 19,758 | 22,929 | 21,485 |
| | | | |
| OPERATING STATISTICAL DATA |
| Gold produced (ounces) | 2,666,600 | 2,396,200 | 2,514,700 |
| Gold sold (ounces) | 2,597,200 | 2,340,600 | 2,490,200 |
| All-in sustaining cost ($/oz)(1),(4) | 1,031 | 884 | |
| Realized gold price ($/oz) | 1,385 | 1,672 | 1,572 |