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

Closer to the Prize

[goldhappy]

All the LSG speculation in the world means little to long investors. It means more to day traders. Very soon the company will surpass 100,000 oz. That is about $1000 profit per oz after production costs or 100 million dollars per year to pay down the loans...impressive earnings. Mining high grade will also generate a lot of low cost gold. We are well past the starting gate now as I type. Won't be long and LSG will double the gold production. Generating 200,000 oz at $1000 revenue after production costs should interest many investors ...especially us LSG longs. Forget the blow by blow action of nickels dimes on the current stock price. Once LSG generates one or two hundred million dollars on an annual basis we will be rewarded. Yep another year closer.

[HARJAY]

I agree. LSG is back on the right track,  slow and sure. Liquidity issue is not a relevant issue any more.Production will grow, and with a better market and the POG rising the  S / P will come back.Its problems are generally behind them and as long as there isn't any more surprises and they meet their targets its onward and upward from now on. 12-18 mths from now i wouldn't be

[HARJAY]

Meant to say in the high single digits.    

[Golfcar72]

If this gets anywhere close to $5 in the next 2-4 years, I'm hosting a party for all the longs who have been here the past 5+ years....just come to WI and we'll be rocking!

[stwatcher]

Will not make it that far...taken out before Jan Imo

[Golfcar72]

Agreed - All the dilution at this point and the de-risking to lock in cash flow will make the company a very attractive investment.  However, this is a billion dollar company (Yes, it is - don't doubt that fact), so the takeout price will have to be north of $2.50 at least.  If the price starts creeping up and gets in the intro stages of a parabola, watch out.  However, LSG must

[goldhappy]

I would like to attend the party Golfcar !!!