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Bullboard - Stock Discussion Forum LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

TSX:LSG.DB - Post Discussion

LAKE SHORE GOLD CORP 6.25 PCT DEBS > Gold Bars poured in Q2 (49 bars of gold) and Q3(July 19 bars)
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Post by dreaddogs on Jul 31, 2013 8:24pm

Gold Bars poured in Q2 (49 bars of gold) and Q3(July 19 bars)

ok guys...i went on their website and noticed that the company has been posting all the gold bars that they have been pouring on a weekly basis....

https://www.lsgold.com/Investor-Centre/Gold-Pours

this is what i have concluded

Q2 = Record gold poured of 31,800 ounces in second quarter 2013, with record gold production of 30,800 ounces


Date # of Gold bars poured


April 1, 2013 3
April 8, 2013 3
April 15, 2013 3
April 22, 2013 4
April 29, 2013 5

May 6, 2013 3
May 13, 2013 3
May 20, 2013 4
May 27, 2013 4

June 3, 2013 3
June 10, 2013 5
June 17, 2013 5
June 24, 2013 4

Total Bars produced = 49 bars (31,800 oz for Q2) Therefore each bar equals to 648.97 oz of gold


Q3 = 19 bars produced @ 648.97 oz per bar (based on Q2 average) ???

approx . 12,330.43 oz of poured gold for 22 days in July


Date # of Gold Bars

July 1, 2013 6
July 8, 2013 3
July 15, 2013 5
July 22, 2013 5

To date for July is 12,330.43

Let me know if my calculations/assumptions are incorrection or correct..
If we continue to produce this many bars of gold that we did in July in the months of August and September we could hit 40,000 oz in Q3...


Just my opinon....any thoughts....oh by the way, everyone should do their own due diligence
Comment by idlefreebird on Jul 31, 2013 9:05pm
dreaddogs , ya u made a little error . The july 1st pour is the last pour for the 2nd Q .I e-mailed them letting them know they need to start the 3rd quarter listing witch the first pour is the 8th and followed by 15, 18 . Them being down that is all we get for July but the good thing is Tony 's estimate of commisioning late July is on track so kudo's for there estimates. I saw 4 trucks ...more  
Comment by dreaddogs on Jul 31, 2013 9:13pm
idlefreebird.....do u think we may hear anything this week?
Comment by idlefreebird on Jul 31, 2013 10:03pm
Im hoping my friend i'm hoping. GLTAL
Comment by dreaddogs on Aug 01, 2013 6:04am
idlefreebird....you mentioned 4 empty trucks coming from the mill and that we will be now milling all the ore that they mine....is this correct.  also, that the dome at the Bell Creek mine is now up does that mean the company will not be having any issues with the mined ore being frozen in the past...
Comment by idlefreebird on Aug 01, 2013 6:21pm
dreaddogs , no word yet if the mill is running but I imagine the dome is full and the trucks are stockpiling.Yes, the winter months will no longer cause issues as the dome and the new crushing unit will conquer any weather condition. GLTAL
Comment by bosse on Aug 01, 2013 9:44pm
Just to add a bit of spice on the subject: While I was working on a special project in a quarry,I had to built a 3000 tons surge pile like this one and believe me,  there were no more ''down time'' improving the secondary crusher output . With the dome ,as you said,material will stay  dry and easier  to handle in the circuit.So a big plus and time will tell ...more  
Comment by Eagle-Arc on Aug 02, 2013 2:35pm
Bet all the boys are working some long hrs. this weekend, including Monday to fine tune this new mill.  Fingers & toes crossed with a little good luck she's ready to Rock & Roll come Tuesday morning. Out of here for a great long weekend.  GLTAL.
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