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

Taking care of business

[idlefreebird]

you hate to see it for our locals but as an investor seems that they are trying to manage.GLTAL

https://www.timminspress.com/2013/05/24/layoffs-at-lake-shore-gold

[goldhappy]

Thanks idlefreebird. This was a good read. Management are grasping at excuses once again. It was just before xmas the management team distributed a flick telling us all is well. Am I to believe them? They are such a bunch of fibbers. No matter how difficult the task quit trying to polish the problems. More communication to the shareholders would be very nice. I made a blog after you published

[idlefreebird]

Goldhappy , i'm with you for to much bonus and yes hate that workers got hit.They were top heavy in staff and that got hit hard for what I hear.The tonage lost you talk about is just ore sitting idle as trust me the mill will chew that up before year end, therefore there will be no lost in production .GLTAL 

[BrahmaViddo]

Readers comments on the article sum-up the problems with LSG quite well....

[goldhappy]

  Your clarity of information is welcome idlefreebird. I have more faith in your reporting than from the company. I just can't trust what the management tells us. Just around Xmas the management said all is okay. What the heck... far from the truth and that included Dan Gagnon. I think Tony has a strangle on free speech like our prime minister. I have turned very religious on this stock..

[LTGoldBull]

Any lay-offs are bad news but speaking on Management, they might not be around for long. LSG MCap a lowly $133.32M at sp $0.32 and The Reserves and Resource Report shows an inventory 7,762,900 AU Oz’s (Timmons West Probable – 798,000, Timmons West Ind/Inf – 1,676,000, Gold River Ind/Inf – 1,145,000, Bell Creek Probable – 129,000, Bell Creek Ind/Inf – 1,613,700, Vogel Ind/Inf – 293,800, Marlhill