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

RE:Debs & Low SP

[ub40eh]

The company will simply buy them at Par. The debentures were issued at $1,000 units and trade at 1/10th of that. The LSG.DB are trading at $103.00 right now.... they were issued at $100 so that's a 3% gain PLUS the 6.25% interest PER year...... Had we been trading at $2-4.00 then yes the provisions are in place to convert..... but trading at a buck they're not in the money. JMHO UB