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

Downgrade

[waltersobchak]

TD downgraded the stock today .... Anybody has the report , or knows why ?

[HARJAY]

FYI - For what its worth. In recent months, Lake Shore has taken several steps to address near-term liquidity concerns as the company attempts to fund multiple growth initiatives while ramping up production at its Timmins West mine. However, in the context of a weakening gold price environment, the company may have limited financial flexibility, particularly as it exits F2012. Based on our

[wintersun10]

https://www.lsgold.com/Theme/LakeShore/files/doc_presentations/LSG2012AGM-slides.pdf if you compare that with the LSG presentation then there is no indication of another financing any time soon, as far i see it...

[michelleb33]

Will this downgrade bring down the sp to its 52 week low and maybe lower.

[wintersun10]

Outlook In 2012, Lake Shore Gold is focused on completing the capital program for growing the Timmins West Mine, including expanding its mill to 3,000 tonnes per day, which will position the Company for strong production growth and positive free cash flow from Timmins West Mine starting in 2013. Significant planned development, ore delineation and stope preparation activities early in the year

[yoda2]

is TD hinting that the Sprott financing deal may not close?? Also how much will the current price of Au relative to LSG's cash flow planning price of $1650?

[wintersun10]

or sour grapes TD didn't get the deal, more likely

[dogwag]

What a stupid report,What kind of analyist would put out this garbage.We are not going to count 1\2 of Lakeshore,s resources because they won,t be mining these resources in the next 12 months???They still have the resources there!!!This report or analyist is an idiot!!If you take out the 1\2 of the resources  out  of any company and don,t give them any credit for them,then I guess the