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

net loss per share quadrupled...

[hardrockminer65]

According to the press release, the net loss per share ballooned by 400 percent from 0.1 cent per share in 2011 to 0.4 cents a share for the same period in 2012.  That note was conveniently buried near the end of the release.    You would think that by now LSG would have started to show a net gain.  Doesnt exactly instill that warm fuzzy feeling does it?  The stock price has tanked for a reason....a drop of 80% since the highs of $4/share.  Think wisely before jumping into this stock.

[waltersobchak]

Even if you are right - I dont think that part of the story is an issue - I think we have much bigger issues to worry about other than the EPS at this point . WS

[geoffs13]

what are the bigger issues --Walter ?????

[waltersobchak]

Well , to name one , we have a huge issue of credibility , this is obviously becoming a "show me the money stock" , share holders are not happy with management , I believe we have a huge upside potential , but we are going to work three times as hard as any other miner to prove our selfs . The market is not giving an inch to Tony , and you can see that reflected in the share price . IF

[Golfcar72]

Fully agree, Walter...   I haven't had a chance to competely read through the MD&A or F/S yet, but the one encouraging takeaway is the propect of increased production.  I have held strong, and my model validates this, that LSG needs to achieve at least 2500/tpd and over 4.2-4.3 g/t to work their way out of this hole they are in.  At their current production rates stated to

[hardrockminer65]

Good point...with 70,000 tons sitting on the ground someone at the executive level must be having a brainfart eureka moment.  Thats pretty much what a 3,000 tpd mill would chew through in the 4th quarter if it had been expanded from 2,000 tpd....about 70 days worth of additional required ore feed. If you listen to the questions and answers at the end of the webcast, one person says that they

[goldhappy]

    hardrockminer65...it is more complicated than building a house or condo. Very specialized work with its own unique problems. You could also look at this a different angle. Management worked on some pretty heavy duty projects from acquiring property,exploration the property,developing the mines and building a mill. Lets not forget trying to arrange finances and manpower for

[valueplaysonly]

I  told everyone to  exit this in favour of kinross  . This   CEO  is  brain  dead,  Kinross on a tear !!!]      LSG   gives u  a tear of  a  different kind

[HARJAY]

Toronto gold mining analyst John Ing thinks Kinross Gold could face more problems, making any investment in the stock a risky bet.Canadian gold bug John Ing remains highly bullish on the outlook for gold, saying the yellow metal could reach $3,000 an ounce as fiat currencies continue to lose their value.But the Maison Placements Canada President is much more cautious about the outlook for Kinross