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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 Jul 05, 2013 3:49pm

Inflation

The mill is built , the mines are producing. As inflation continues so will the price of gold. The problem that it is not on our time line. Just be patient.
Comment by geoffs13 on Jul 05, 2013 4:44pm
Sure hope you know what you are talking about ---THAT THE MILL IS BUILT----------Lets hope they took the training course on how to operate it PROPERLY and get the max out of it .How about some pictures of the COMPLETED MILL
Comment by HARJAY on Jul 05, 2013 5:48pm
From the website below is a title for a video that you can view if you go to the profile and click on this presentation. Looks like mill is built and they are starting to test.Or i was able to put the Youtube video below. https://www.youtube.com/watch?v=rt81mgRJnto&feature=player_embeddedNew SAG Mill - Test RunJuly 3, 2013
Comment by idlefreebird on Jul 05, 2013 5:55pm
Geoffs13 , rumour has it they went to Young Davidsons plant to get educated on it (grinding circuit) . The grinding circuit should be pretty simple and the bonus is they have mastered the solution side at 95 plus % recoveries.They even got it running over 2800 tpd therefore that doesn't need any fine tunning.The mill turn on the website is indeed Lakeshores for those who doubt it as it is easy ...more  
Comment by bosse on Jul 06, 2013 9:19am
Your right,I found the link on their site after posting!!!Nice to see the Sag Mill test turning...finally!! If they have succeded to average a mill throughtput of 2800 t/d for the last 3 weeks in June at a grade of 4.6gr/ton that is very impressive.iNo doubt they will reach their target and hopefully more, as promised, later in August. After commissionning, in the Q4 ...more  
Comment by geoffs13 on Jul 06, 2013 9:33am
God I enjoyed watching that Sag mill ---glad to hear Tony is taking it seriously and PROPERLY TRAINING staff to run the mill .Training ALWAYS pays off in the long run .One never knows who to  believe in this corrupt world .IMHO
Comment by idlefreebird on Jul 06, 2013 7:55pm
bosse, 140,000 onces is the low end for Timmins mine only at 3,000 tpd and 4 gpt.This will change upward with any increase in grade as an extra gram gives ya 35,000 onces extra.Then you must include 20,000 onces from BellCreek witch would be minimum onces for 2014 at 160,000 onces from both sites. GLTAL
Comment by bosse on Jul 06, 2013 11:14pm
What I like very much about the last operational result is the grade (4.6 g/t) and the actual mill throughtput ( 2800 t/d) during the last three weeks.   This mean that the grade coming from Timmins West shoud average (5gr/t). We were told in the past that 25% of the ore was coming from Bell Creek deposit and 75% from Timmins West. So   2000 tonsX5 g  ...more  
Comment by idlefreebird on Jul 07, 2013 8:04am
bosse , yes we were told of the blend of 80% Timmins mine and 20% Bell Creek but that was for 2013 as there plan all along was to get Timmins mine at 3,000 tpd to supply the mill and Bell Creek wasn't included in the mix.They finaly included Bell Creek in the bar charts this last presentation page 14 . GLTAL therefore the highs of both can be 180,000 onces for 2014 . https://www.lsgold.com ...more  
Comment by Lemboy on Jul 07, 2013 2:14pm
I'd rather Tony under promissed and over delivered, it could lead to a pleasant market surprise in the future.
Comment by goldhappy on Jul 06, 2013 7:34am
I'm just hoping the board has stopped all the lies about what the mill can do. So far Tony has been bang on. His word is good. Just look at the heads up he gave us about the second quarter before the final report was published yesterday. Thank to idlefreebird for his due diligance passing along what he knows to be happening. All I can do is wait. A lot of small companies will hurt if gold ...more  
Comment by idlefreebird on Jul 06, 2013 7:45pm
goldhappy , my pleasure to disect this frog . They give us all the info we just need to put it together . The mill will chew up 3,000 tpd and I hear 6,000 tpd is in the realm for that mill, that will be a ways away as that will be after the shaft is built to the lower level of Bell Creek.Tony saying the mill is humming over 2800 tpd is real as the proof is in the pour 6 bars for the final week.The ...more  
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