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



TSX:LSG.DB - Post by User

Comment by bigdaddycashon Dec 17, 2014 8:22am
335 Views
Post# 23239074

RE:RE:News: Lake Shore Gold to Repay $20 Million Standby Line of..

RE:RE:News: Lake Shore Gold to Repay $20 Million Standby Line of..I believe the rate on the standby line was 9.75%.  Paying this off saves $1,950,000 in interest annually.   Based on current production this is around $10/oz less in cost.  Reduced financial risk AND reduced cost per oz.... great move, let's keep it up!  gltals...
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