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

RE:RE:Interesting

[jimylegs]

Those that have hitched their wagon to gold will always believe that gold will eventually rise.  It's very bizzarre.  When the  price is high it will go higher and when it drops it has to go back up.  What's Indian festival season in $/oz?  $10, $20, $50?  Who cares?  And does it fall after the season?  The reason LSG is holding up in the face of lower AU prices is due to execution by the management team.  They are doing what they said they would and that makes investors happy.  Maybe a larger player is paying close attention and thinking of taking a run at them.  That being said, any disruption in processing or an unseen rise in the cost of extraction would certainly cause the shares to drop.  For now i'm happy to own shares.  But things change.