TSX:LSG.DB - Post by User
Comment by
bossuon Jul 13, 2015 10:13am
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Post# 23917616
RE:Lake Shore Gold: Why This Gold Miner Can Deliver More Upside
RE:Lake Shore Gold: Why This Gold Miner Can Deliver More UpsideGood overall report, but I d'ont agree where they say:''Remarkably at the end of the Q1 ,the grade of the mine was 5,7 gr/t and this metric will continue improving on account of the recent discovery..''
The Q2 result show a low grade of 4,2 gr/ton and I think a grade of 4,4 to 4,8 would be more realistic not 5,7 gr/ton .
They need to increase ''output''and increase reserves from the 144 Gap and Bell Creek in the Labine sector .