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

RE:RE:RE:PLEASE............

[Wolfin13]

Mill expansion is a direct correlation of how many stopes and block cave mining areas are being mined and or in development to support the daily mill tonnage capacity from two mining locations. One is being newly developed still, with further skipped/trucked TW and one is being skipped Bell underground with more development required. Both are small operations trying to get larger. 

IMHO I think there is still a lot of development required to go deeper, to drift into additional structures/ore bodies, construct raises to open block cave mining areas and the backfill paste requirements at 2 separate mining locations and keeping all in costs lower etc etc etc.

Sometimes when your mining per oz costs are lower than most its best to optimize the current mining operation and don't mess with a good money producing operation. However the Halnor Whitney property may require some further engineering and additional through put capacity of some additional size....that will take some time to work through after the buy out is complete.

Then again if Goldcorp takes out Bell creek then there are two mills withing 5 Km of each other that can produce well over 500,000+ oz per year without extra build out costs.....

LSG is still in transition and is aware that they are a terrific buy out candidate.........its a wait and see situation that is fully dependent today on the held down gold price.

GLTA