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

Incompetence

[goldhappy]

When Tony declared 100,000 oz gold production the first year then 200,000 the second year and 300,000 oz the third year he was so full of baloney. Many of us longs were suckered to hold. This man has never given proper guidance. I heard him say the mill would be ready late 2012. Well here we are. I know he changed that to a blanket 2013 target. I know it is difficult to complete projects but a  miss is a miss. The bloggers are right pointing out the failures of this CEO. This man hypes everything or he is just lacking proper experience. I know some of his people left because he lacked the proper discipline. He is surrounded with some decent people right now. We just gotta stick it out. It is more about time patience than resource and production difficulties. Any manager in his right mind would have stretched the time table to allow for mill problems at start up. Not Tony...he's full of baloney!!! We are stuck with him. To change now could really wrinkle the SP. Let him finish what he started then going forward access if he is capable handling the reins. I for one am very tired of his failure to deliver most important matters in a timely fashion. If I were one of the large investors he would be under considerable pressure. Time is money...Our money!!! He may not be the most competent man for the position. He should be depending on his people and what they are telling him. If they miss he should be replacing people as required to save his skin. If he is calling all the shots then he should expect to be replaced.

[yoda2]

Goldhappy you must be a very kind person. You clearly describe the plight of LSG and point out that the leadership seems to be deficient. You note the apparent inexperience of the CEO, who it seems has never managed a company before, and his history of unmet promises. Yet you remain optimistic that this CEO will be able to turn the situation around. I hope you are right but you must admit you have

[HARJAY]

yoda2 You make some valid points. The crux of the siuation is that i don' believe that when they started the mine thy had ANY  idea of  the prblems they would encounter, AND NO MATTER HOW SEASONED A MINER WAS THEY WOULD  HAVE HAD THE SAME PROBLEMS, THAT'S GEOLOGY  and that coupled with what had to be the worst mrket anybody could dream of created a

[yoda2]

harjay: I agree with you about the uncertainty about predicting geology. My comments are also rooted, though, in the apparent bungling of the finances, the overly aggressive diversions of acquiring more properties, the vanity of the expensive and unnecessary deep drill at Thunder Creek, the high, if not exorbitant compensation of the CEO and the apparent lack of management accountability possibly