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

RE:Re. US Dollar and price of gold

[goldhappy]

My friend always said when the stock market is low and beaten down that is the time to buy. When the market is soaring high and they say it's going higher it is time to bail. The little guys get burnt. LSG is a different situation. LSG needs to grow the resource and pay off the dept. They are doing both. The 144 exploration has been fast tracked. Tony's crew indicates 6 months to 2 years before LSG will have enough information to make decisions about driving exploration drifts. If they start pulling some long high grade core lengths close to the existing long high grade hole this will get very exciting right away. The loans will be going down the resource will be going up...Not a bad place to be at for any new mining company. All costs in they are best of bread in these parts of the world. Lets not forget the grades of gold are looking pretty good. LSG has shaft capacity for more ore at Timmins Mine. The mill is purring fine right now. Maybe some other company will give up their mill if prices keep dropping. Tony has a little war chest set aside for future planning...This is all very interesting to me. For sure American politics controls a lot of what happens in the world of US dollars and the price of gold.