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

TSX:LSG.DB - Post Discussion

LAKE SHORE GOLD CORP 6.25 PCT DEBS > Re: 85,000 in the bag
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Post by apropos on Jan 03, 2013 12:26am

Re: 85,000 in the bag

If not .........it will be the last great buying opportunity fro LSG........... you have to wonder if these things are planned and artificially induced. ( just an opinion I heard voiced by a friend )The price will plummet and the knowing and or brave and or stupid will get in rock bottom and one quarter from now be way way up. I will be in the unknowing but the brave or stupid category buying everything I can. Happy New Year.

 

Warren

Comment by imstock on Jan 03, 2013 7:11am
If that did happen, it would take more than 1 quarter to convince future investors. It would take more like a full year of solid production and meeting targets to win back what they lost.
Comment by idlefreebird on Jan 03, 2013 9:02am
instock , I would have to disagree .Lakeshore made a decision last year to take the escalator that was going downwards back to the bottom flour or basement if you like , to regroup itself witch was a tough but right decision.They decided to take a year to revamp everything from underground minning plans to rebuild of a new milling system.They have for now 2 years mined and poured about 85,000 ...more  
Comment by imstock on Jan 03, 2013 9:15am
Most certainly, what I was reffering to, is if they dont make their minimum guidance of 85,000oz for 2012, it will take more than 1 quarter for people to believe they can do better in 2013
Comment by idlefreebird on Jan 03, 2013 9:33am
I hear what you are saying , but I believe the new output to 2500 tpd is of more value than the 85,000 onces as there are lot of ways to explain not meeting those numbers.Example 8 days of downtime is equal to 2400 onces. The market want to see higher outputs.My opinion witch don't matter ha ha . I'm long so I'm looking at years away for major returns .GLTAL
Comment by imstock on Jan 03, 2013 9:44am
I can definitely see your side as well. Let's all just hope they do make the 85k oz, and that it is only up from here!!
Comment by idlefreebird on Jan 03, 2013 9:46am
I agree. GLTU
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