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

RE:RE:Hopping to give proper info past comments

[goldhappy]

The key is proven ore required to feed the expanded mill. LSG is not quite there yet. Need development lead time. Development layouts require exploration completed and feasability studies done.
Another thing Tony wants is a "STONG BALANCE SHEET". We are in or nearing another recession of sort with China leading the pack. I also think Tony wants the debenture issue out of the way. In the mean time he squirls cash away to pay for the extra capital development work and some for the mill. That said he may be waiting for the price of gold to show sustained increase. No point selling all your gold at or near cost. Right now without spending on capital projects the cash builds. The other way he is putting us in more risk at this time. Just my thoughts cre8value.