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

Stay Calm

[goldhappy]

Wait for more information from Tony himself. A big sell off at quitting time...come on. It was a planned sell off. You need buyers for those sales. It was planned so us little guys would not get a chance to cash in on these cheap prices. Someone needs a chance to claim losses and a ready buyer was waiting. All legal I guess. The mill is almost complete to produce 3000 tpd. Debt must be paid down before we see clear cash. Gold price is slipping. A whole lot of negatives. I say this is a buying opportunity. A real gift for me who owns plenty of shares all the way down from 4 bucks. I know the quality of people running this company are of good character. They have accomplished a lot of work to set up as a new producer. Soon this will be a fully financed mining company without dept and lots of cash for further exploration. That is where the big profit lies...in the exploration !! I say again don`t loose site of the prize.

[rajags]

I'm not 'in' LSG right now, more by luck than judgement and thus it's easy for me to stay calm.  I like most of your post, as panicking seldom brimgs good results'; however I'm unclear as to why you feel  "  Soon this will be a fully financed mining company without dept{sic} and lots of cash for further exploration." Can you provide your

[cabsav]

The list of too many   too many staff too many high paid execs doing what who knows too many and to large of bonusses too many losses too much spending especially on capital as they can not come in on budget with anything too many shares out too much debt   seems simple cut spending cut staff stick to budgets pay down and off debt and make money.  Management at best here is too

[goldhappy]

rajags...right now LSG is able to turn $60 per ton profit after production costs. $180,000 per day or about 65 million per year. That is before capital,tax,loans and royalties. Scale back the operation to just Timmins West and the Bell Mill. Idle the Bell Creek Mine operation to just exploration. That can provide another $60 million or so. It lessens the  cost of labour,management and capital