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

RE: Embry Really Convinced Me !!!!

[Serengeti]

I don't believe that Embry has any position in LSG in his fund. He is personally invested in LSG from a long time back and has said that it would be a conflict of interest to put his fund money there while invested himself, so consequently it is never one of his picks. Embry is pretty close to Innes and the management group, so his knowledge position is high on both LSG and SWG. Of course his fund SWG position is huge. I have found that if you listen to Embry closely in answer to caller questions, you can read between the lines when he is on to something he thinks is special. Focus on the invisible data. It is quite unusual for him to be so bold as he was on LSG management team though. Subtlety is his MO. But his information is usually prescient. Look no further than the positive comments he made on QGX a while back about their coal find forcing QGX to put out a quick PR the next day because it was not public knowledge yet. He likes to break news -- for instance on this last show he talked about an upcoming Orvana acquisition outside Bolivia. My own guess is that this is not pure speculation.