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

that uncertain smile

[Vanchester]

I can't put a finger on it just yet but the last three weeks have seen LSG in a very tight trading range (78 to 82). Last  Friday gold was down 40 something bucks and LSG closed up 1 cent to 80 cents. I may be wrong but  I get this feeling that something is going on that brings that uncertain smile to my face.

v.

[geoffs13]

SHARE SHARE SHARE -----PLEASE

[Vanchester]

geoffs,   It's just a gut feeling right now but 13 trading days in a row within that range has to raise some eyebrows.... look where we sit right now....2 years of production to iron out the kinks.....a mill that is about to increase throughtput...... pretty much sitting at the low for the year..... a production team that hasn't delivered to date....... bugs coming out of the woodwork

[geoffs13]

feeling goooooood

[Golfcar72]

I.e. - implying this baby is ready to be taken out at roughly this level....

[waltersobchak]

You could also argue by the fact that it is trading at 52 week lows for 13 days in a row ,  that the market is sending a clear message to Tony to stop issuing more shares , and start delivering ... Basically , a wait and see mode . Its always tempting to issue new shares at a nice discount when the stock is higher . Imagine the price would be 1.50 .... what would stop this man from issuing

[ub40eh]

Van, Thanks for verbalizing what I was thinking. Just yesterday I was looking at the two week chart for LSG and it's flat.   and today, gold is up $35.00 and here we sit at .80  Hmmm? TD is still showing a book price $2.32 and yet somehow we stay at this seemingly "controlled" price point.     Market Cap $332.5M Beta 1.40

[waltersobchak]

To be able to do this you obviously need a big buyer who is picking up all shares offered at .81 or lower ... Its taking me days to get some at .79 ... something is going on for sure , then again think about it , how many of you is ready to sell shares here ? I am not . I dont believe Tony is selling the company ...

[waltersobchak]

Well I seriously hope I am bottom fishing here .... I tell you , I just hope he is between 85 and 100 for the year , that all , I can even live with 85 ... That and that he keeps his mouth shut ... lastly , of course no more shares . WS