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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 goldhappy on Mar 23, 2013 10:18pm

10 years ??

At the current rate of production it may be 10 years before LSG could save enough profit to give shareholders $3 per share. A rise in the price of gold would change that. As I see it we shareholders will need another expansion to shorten the time line to $3 per share.
Comment by yoda2 on Mar 24, 2013 11:40am
Sad reality, given that management drove the stock price down from over $4 in 2011 to the current 63 cents.
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