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

Belated Happy New Year to All

[goldhappy]

I'm a long holder of LSG. This exploration company was crushed when it turned directions to be a mining company. Long story. Now it "IS" a small mining company with very low costs per oz compared tp peers. It can generate money to pay off the debt pay for exploration and more...that more will come sooner than later. The pay as you go exploration is something many small exloration companies can only dream of having. For those familiar with trying to raise funds for prospects know how difficult that is in the real world. Tony has a large hallo over his head now. He has the funds and the properties available to explore. LSG is earning that cash. Never mind the earnings per share so much as the gold ozs to be found per share. Like a previous poster suggested that LSG is speculative. Yes it is speculative in that it must show more ozs per share. Considering LSG had shut down most all the diamond drill exploration for several years to build a mine and mill things are not as bad as the share price suggests. Earnings per share are modest but the soon to be announced gold assays from an aggressive exploration drill program will start flowing. This in turn will add ozs per share and I think we will see more demand in share price. There is a close bottom to the share price. The other end of the scale is wide open. I would not be the least bit surprised to see 4 bucks over the next while if drilling is successful. Can it hit 20 bucks??? Only the diamond drilling will answer that question. Can LSG hit 1 oz per ton gold...sure!!