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

letter from Tony

[idlefreebird]

here https://www.lsgold.com/files/doc_newsletters/Message-From-Tony-May-2013.pdfshe be , nothing serious.

[Golfcar72]

That's a letter from a man on the brink.... The bond price is telling us all that a bankruptvy is on the horizon.... https://www.marketwatch.com/investing/Bond/LSG.DB?countrycode=CA It would be hard to say otherwise.....31 cents is about the net value of the milling assets and un-mined/milled gold interest. We need a miracle in the form of gold price over $1600/oz. Anything else is a pipe

[LTGoldBull]

This part of Tony’s statement says much, “Since 2008, we have invested almost $700 million in the region, including close to $200 million last year alone.”   ROI has not been good, with a Company MCap standing at just over $130M and the Gold Resources Inventory priced near $17.00 per ounce, less than the Junior Explorer Avg ($28-30) never mind being a Producer.   Below, some other

[geoffs13]

Sure hope Tony is watching closley and is not asleep or counting his bonus

[chapulin]

At least he did buy some shares a few months ago in the .60s . In my opinion it should be mandatory that all bonuses should be used to buy stock until the company turns around.

[dutchmann64]

Bonuses should only be levied when mile stones are met or bettered;....and then yes they should be required to purchase shares with those funds at a premium. Say $1.42 which was the share value when FRANCO-NEVADA did thier finacing / royalty deal. This would give them a reason to improve the value rather than bleed us out.!