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



TSX:LSG.DB - Post by User

Comment by goldhappyon May 19, 2015 2:15pm
231 Views
Post# 23741689

RE:RE:RE:RE:RE:LSG Scotia

RE:RE:RE:RE:RE:LSG ScotiaGeoffs...Are these the 3 negatives you are talking about??
1 -  no 144 resource estimate...being adressed with 7 drills and cash budget
2 -  pour drill spacing ...being addressed with 7 drills and cash budget
3 - debt - no mention of the +++$70 million war chest , $100 miilion free cash flow/year
4- Bell Creek - need deep shaft ...will have decent production when driven...not needed at this       time as Tony is taking care of dept and resource estimate
5 - driving exploration drift to 144 GAP- the successful professionals at  LSG have the 
          knowledge,confidence and cash to close in fast with production...the exploration drift is large enough to handle production equipmet

Let me just add to this a bit. The man wrote facts we can read and do know about. In fact I know most of us longs understand this operation far more than a gypsy analyst.That is not to degrade the man. He wrote the truths but left out many important FACTS  as they usually do in my experiance. The most important fact to get out to the public is the cash war chest of ++$70 million plus the monthly income...plus the gold not is done in 2 weeks...plus the debenture is almost covered with the cash on hand and monthly income...the cash may be a cheap form of finance should LSG decide to expand the mill to 5500 tpd or drive a shaft. Just trying to be fair over all. It read a very slight bit negative by not promoting the GOOD !!! But that just shows why I call him a gypsy haha!!! Where is he this week??
   On a GOOD note lets just say the 144 GAP pans out with tons and grade...hold on to your hat as we soar ever higher.
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