TSX:LSG.DB - Post by User
Post by
sculleron Mar 19, 2016 8:38am
290 Views
Post# 24678573
Giving it away
Giving it awayJust did some back of the napkin math for the 144 Gap resource estimate and with the Indicated & Inferred = 620,900 oz/Au and Au @ $1250 w/CAD @ .77 cents. The value as increased by $93,126,000 USD or $119,201,280 CAD and this does not include.
Significant intersections within defined resource (but not included in resource estimate) include 49.92 gpt/22.7 m, 31.27 gpt/18.5 m, 10.56 gpt/7.8 m, 5.41 gpt/36.0 m
Read more at https://www.stockhouse.com/news/press-releases/2016/02/08/lake-shore-gold-announces-large-initial-resource-at-144-gap-deposit#yyvQ8WW2GpwbPW4w.99
Hope the math is right. In any case why oh why are they (CEO & BoD) giving this away. I just don't get it.
Good weekend to all even you BV.