TSX:LSG.DB - Post by User
Post by
idlefreebirdon Sep 10, 2014 11:17am
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Post# 22923210
A little mistake on debentures lol , I wish it was only that
A little mistake on debentures lol , I wish it was only that DENVER GOLD GROUP > MEMBER COMPANY PROFILE > LAKE SHORE GOLD
Lake Shore Gold is a gold mining company that is in production and generating net free cash flow from its two operating mines and a central mill. The Company has significant potential to build out the mine life of its existing operations, and also has a full pipeline of projects and high-potential exploration properties to drive growth well into the future.
The Timmins West Mine is located 18 kilometres west of Timmins. Close to the mine are the Gold River Trend growth project and highly prospective 144 exploration property.
On the east side of Timmins, the Bell Creek Complex hosts the Company’s milling facility, where a 50% expansion to a production rate over 3,000 tonnes per day was completed in the third quarter of 2013. The Bell Creek Mine is expected to produce over 30,000 ounces in 2014 with considerable potential for growth given the large resource base below current mining activities. The Bell Creek Complex also hosts the Vogel open-pit project and a number of attractive exploration targets.
The Fenn-Gib project, located 60 kilometres east of Bell Creek, is a potential large-scale, open-pit gold project with a significant resource and excellent potential for further growth.
ADDRESS
181 University Ave., Suite 2000
Toronto, ON M5H 3M7
Canada
CAUTIONARY INFORMATION
© Copyright 2014, Denver Gold Group & Lake Shore Gold.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.
LAKE SHORE GOLD
TORONTO STOCK EXCHANGE : LSG
Last Updated: August 22, 2014
Information is qualified - read footnotes
| Status: |
Producer |
| Primary Mineral: |
Gold |
| Primary Country of Operation: |
Canada |
VALUE DRIVERS
- On track to achieve top end of 160,000 to 180,000 production target in 2014
- Cash operating costs of US$585/oz in H1/14, with all-in sustaining costs of US$862/oz.
- Company generating free cash flow, with cash and bullion increasing approx. $20 million in H1/14 to $53.4 million
- Drilling commenced in January 2014 to extend mine life at two existing mines
- Work to advance growth projects ongoing, new drilling programs launched at high-potential exploration targets near current operations
Annual Production
Gold, oz per year
GEOs: No
Annual Proven & Probable Reserves
Gold, Moz per year
Mineral Authority: NI 43-101, GEOs: No
All data is attributable unless otherwise stated in footnotes. Mineral resources are exclusive of reserves unless otherwise stated in footnotes.
OTHER MARKETS TRADED ON
LSG:US
TOP SHAREHOLDERS
- Van Eck Associates
- Widely Held
- Widely Held
|
MANAGEMENT
| Chairman: |
Alan Moon |
| CEO/President/MD: |
Anthony (Tony) Makuch |
| Other Key Staff: |
Phil Yee - VP, Chief Financial Officer
Natasha Vaz - VP, Technical Services
Meri Verli - VP, Finance
Mark Utting - VP, Investor Relations
Eric Kallio - VP, Exploration |
|
CAPITAL STRUCTURE
| Common Shares Outstanding: |
422,200,000 |
| Float (%): |
100 |
| Warrants Outstanding: |
0 |
| Convertible Debentures: |
1,035,000 |
| Options Outstanding: |
22,600,000 |
| Fully Diluted Shares: |
445,835,000 |
STOCK AS OF SEPTEMBER 9, 2014
|
Local: CAD |
USD |
| Stock Price: |
1.03 |
0.94 |
| 52-Week Range: |
0.35 - 1.40 |
0.31 - 1.27 |
| Market Cap: |
435 MM |
396 MM |
| Fully Diluted Market Cap: |
459 MM |
418 MM |
| 1-Year Return: |
+119.15% |
|
| Average Volume (30 Day): |
2,535,523 |
|