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



TSX:LSG.DB - Post by User

Post by goldhappyon Apr 19, 2015 11:33pm
229 Views
Post# 23645285

bigjim

bigjim
You may have a point there bigjim. I would have mined a few months of high grade asap for all the good reasons cash can buy. On the other hand the physical mine was quite small when Dan Gagnon ran it and not much room to move around.He probably was low on cash to do certain things at that time. Now that the physical size of the mine has incresed LSG will have plenty of flexibility. I'm speaking in terms of  mining  and ore bloc flexibility, fill stopes , storage areas ,ventiation and just plain knowing what to expect and how to handle it on a daily basis.The mill has proven itself to be very efficient. Many headings allow for more exploration horizons and targets. Its a very nice manageable operation right now and for a long time to come. Yes I would like to see a few more high grade months to increase the cash reserves.

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