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

Exciting to see gold pouring results..

[bosse]

With what we see ,gold price helping, we are going to survive...and patient shareholders are going to be rewarded. And if production throughput is over design capacity with an average grade improvement the best is yet to come. With the big dome surge pile we are ready to face the winter and have a continuous materials flow!!

[SGGold]

Is survival really in question here?? If yes I am out this morning. I thought the balance sheet was OK and they would be cash flow positive soon?? What do you mean by "survival" exactly?

[bosse]

A short answer to your question: With cash on hand/receivable and inventories and stock pile of 52 million at the end of the Q2 and a total liabilities of 129 million we cannot say we have a healthy balance sheet.!!! Q3 will probably show a break even or small loss because the AISC cost might run over $1250/ounces . But the increase in gold production since the end of August change the situation

[idlefreebird]

SGGold , how do yo invest on here say , Lakeshore has lots of debt but now owns it's own printing machine ,as of the last pour seems to be printing just fine.Lakeshore needs to be steady for several years to prove it's the real thing . Paying back 943 onces per month for 29 months witch started this year and needs to cough up 35 million on Jan 1st 2015 , this doesn't include the 103

[rallard]

Gold will not stay at 1300 forever the US can only manipulate the POG for so long and their efectivness at supressing the price is starting to fail. When the elastic band snaps back and the US lose the  control of the POG expect a huge price spike. It could be this year or next but that spike is coming and $3000 - $5000 an oz will not be far fetched. The debasement of the US dollar is going

[SGGold]

Jumped out today. The SP simply isn't reacting to the change in the price of gold. That being said, I will look to get back in below $0.35.