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

This stock can go balistic if gold goes over 1500

[baranja]

40 cents for gold miner.. This is brutal joke. I personaly preffer this company not to hurry to pay off the debt. I wouldn't give gold bars for fiat right now. India will pay at least $100 more for ounce and dollar is about to be devaluated anyway. . Eventualy, the whole debt can be covered with few bars of yellow metal. Look what is going on. France, Germany, Saudis, BRIKCS, Japan,..  All turning their backs to dollar. 
I just don't know if there will be one last, final attack on gold, after which the price will go to the moon.

[actionplanner]

That's precisely what I said in a post a few days ago.   If they are putting through 5500 t.p.d. and the break even is $1000.00 per oz. .. Why not stock pile the excess profit , till gold hits $1500 + ? They will have gold in the bank then to deliver.. And then can ramp up production even more .

[idlefreebird]

baranja, I hear what you are saying ; but the nice thing about Lakeshore compared to all is that they have millions of onces of gold, therefore gold is not Lakeshores problem as when Fen Gibb will be added up to it's true value we will be over 10,000,000 onces and with major land holdings in a city with a heart of gold witch is know for there discoveries to go to 2,000 meters in depth.Therfore