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

.80's..looks like support is breaking down

[qqoldbbug]

Well folks it looks like the eighties have arrived.  3rd quarter results brought nothing but more doubt to investors.  The grades are too low and expenses too high to dig it up.  This is the worst position that I have seen LSG in a few years now.

[bosse]

As a long time shareholder I think we are at the bottom But we never know.May be it's going to be in early november a the release of the Q3 financial result. .Average grade at Timmins West is supposed to be over 6.0 gr/ton and they have been digging ,developping stopes for many months and spending million and the result  of the last quarter is only 3,5 gr/ton. So, many

[Risktaker7]

I agree. I hope we get a update before the actual numbers come out to see exactly where we are with the expansion and mining plans. But you have to admit we are like sitting ducks for a takeover with this market cap,maybe that was the plan all along. We will see before years end if I am right.       Risk

[waltersobchak]

I hear you , but what do you want ? this is a risky business ... buying LSG is , at this level , like buying a call option . Had they got 6 or 7 g/ton , these guys would be trading at $3 - $4 ... the market is irrational on the upside but also on the downside ... I understand that you look into great detail a company like AEM , AUY , KGC etc ... but this !! this is nothing at the moment ! You guys

[Golfcar72]

Walter, there's a lot of hyperbole in your post that is just plain misleading. 1)  "had they got 6 to 7 g/ton, they would be trading at $3 - $4" - Yes, and if Ford could sell a $20k car for $40k, they would be a much higher priced stock too.  Didn't/won't happen. 2)  "the market is irrational on the upside but also on the downside" - sometimes yes

[kingyahoo]

I would not argue with you walter, but your reasoning does not make sense. A month ago, LSG was well above a buck ($1.06) and 54-week low was .74 cents. The world market situation is not good and one has to adjust accordingly. I sold what I bought yesterday and I am ahead, whether it is a penny. I also sold JAG at $1.10 and bought yesterday at $1.07. This is my style of trading during consistent

[waltersobchak]

Golfcar - this is a call option mate - we are buying hope ( with a twist , because they are actually producing ) . I reapeat - LSG is not NEM . There is huge ammount of risk in this stock , coupled with a same huge ammount of potencial ... I repeat , the stock is at 90c ! In my opinion , and this is my opinion entirely .... when I first got involved with LSG , i wasnt expecting german efficiency .

[kingyahoo]

I have a BID at .87 cents. Is that smart after selling at .91 cents?