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

Metals & Mining Gold


TSX:LSG.DB - Post by User

LAKE SHORE GOLD CORP 6.25 PCT DEBS > No rihme no reason
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Comment by cre8valueon Nov 02, 2015 6:52am
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Post# 24249377

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:No rihme no reason

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:No rihme no reason
BrahmaViddo wrote: You just confirmed what I said when you stated they had 10 years of proven and probable reserves. Measured, indicated and inferred mean nothing unless they are able to move those ounces to reserves. Also, notice how low their grades are.



BraV,
   Have no fear. This operation has been going on for a long ,long  time  and will continue many
decades into the future.

" In 2015, Porcupine marked its 105th year of continuous mine and mill operations and has produced more than 67 million ounces of gold since production began. "

From December 31, 2008
Proven and Probable
Porcupine  43.64 Million tons  1.64  gpt       2.30 million oz

6 years later...  They have been increasing proven and probable

From December 31, 2014
Proven and Probable Reserves
Porcupine  57.94 Million tons 1.60 gpt          2.98 million oz


All information from Goldcorp website.


 

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