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Bullboard - Stock Discussion Forum LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

TSX:LSG.DB - Post Discussion

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Post by maurizion on Dec 01, 2012 4:50pm

BNN

Jamie Carrasco was asked about LSG. His advice was to sell. I don't know how familiar he is with the company but I would disagree. There can't be much downside from this level unless they run into problem with debt repayment.
Comment by HARJAY on Dec 01, 2012 11:22pm
He said the cost of building the mine will be expensive, but its already built  so i don't know if he really has followed Lakeshore that closely I presume he might mean one of the other properties that hasn't  been built yet. Made no mention that Lakeshore was in production and that production ws going to increase over 2013. Unfortunately when someone like him talks , people ...more  
Comment by basemetal on Dec 02, 2012 9:20am
I understood him to mean that the operation of the mine would be expensive.  But I think he was influenced by what has happened to the market price.  Another one who is busy congratulating himself for selling early and therefore fails to see the potential of current prices.
Comment by Vanchester on Dec 02, 2012 9:46pm
I have heard Jamie talk about other mining companies before and have caught him several times either putting the company in the wrong mining district or having a company mining a metal completely differrent than their major metal. To be taken with a grain of salt.   v.
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