Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 > 2013 PROJECTIONS!!!!
View:
Post by dogwag on Jan 10, 2013 6:22pm

2013 PROJECTIONS!!!!

Being conservative,they will spend only 90 million next year  including drilling and mill expansion to 3000 tonnes per day and should make a profit of 100 to 110 million next year so they should end next year with about 80 million in the kitty and add from there in 2014.I think they are turning an important corner here and the share price will move higher as we proceed.
Comment by dreaddogs on Jan 10, 2013 6:24pm
i wonder if they will issue updated reports ...how many analysts following this puppy..
Comment by idlefreebird on Jan 10, 2013 7:08pm
dogwag for 2014 one must keep in mind, the new forcast is 150,000 onces at 3,000 tpd and from Timmins West only.Bell Creek will be adding at least 1,000 tpd, therefore I predict at least 200,000 onces for 2014 .The upward trend has started as this should be released in summer time after update from 610 m diamond drilling.GLTAL
Comment by dogwag on Jan 10, 2013 9:57pm
IDLE, I think you have to be on the conservative side with these estimates so I would think 150,000 to 160,000 ounces in 2014.There are always things that come up in mining but we are definately going up from here!!
Comment by idlefreebird on Jan 11, 2013 8:15am
dogwag, yes I am being conservative ha ha . My estimation is based on what will come out of Bell Creek as the 150,000 onces for 2014 is based on Timmins West only as Tony had mentioned it in a conference call as he and Dan Gagno were answering a question from some individual. Tony stated that for 2014 the 150,000 onces would come from Timmins West 3,000 tpd output and this is what Timmins West ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities