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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 > goldhappy music to your ears
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Post by idlefreebird on Jan 24, 2014 9:31am

goldhappy music to your ears

In addition, we are launching a new exploration program within our mines focused on replenishing and increasing our resources and reserves. The program, which involves an initial investment of approximately $3.0 million, is focused on identifying extensions and new resources at both Timmins West Mine and Bell Creek. Key targets of the program include: depth extensions, high-potential areas along strike and exploration of a second fold-nose structure at Timmins Deposit; drilling at depth and to the south-west towards 144 atThunder Creek; and confirmation drilling below the 775 metre level and along parallel structures in the current mining area at Bell Creek."
Comment by goldhappy on Jan 24, 2014 10:05am
Yes idlefreebird it is music and money to my ears. 3 million budget is better than a token amount and won't hurt our bottom line at all. If they "strike it rich" watch this baby go. I know of many areas that require exploration with good potential. That is why I been focussed on the drilling. Once the market prices out the production the stock will settle. With good exploration ...more  
Comment by idlefreebird on Jan 24, 2014 10:08am
I'm with you goldhappy.GLTAL
Comment by dutchmann64 on Jan 24, 2014 11:40am
This is a good company with sound business practices in place. They have a plan and are sticking to it. Even through the tough times. This advercity has metaled them so that they can react in a concise manner if a problem should arise. I am all in and happy with my bet. Best to all.
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