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

Analysis...

[bossu]

With the last Lake Shore Gold's preliminary 2013 operating cost and the today's TD Securities Mining Conference, lots of interesting informations must be noted:

Summary of the 2013 production:(Ounces)
                                    Q1       Q2        Q3        Q4              ToTal
Timmins West      18700    24200    22600        41600       107 100    80%
Bell Creek               4500      6600      6300         10100        27 500     20%
Total                       23200   30800     28900       51700        134 600

Looking at the 2013 production summary,it is obvious that they will have to increase the output from Bell Creek.From the Q1 to the Q4, they have already more than double the output from 4500oz in the Q1 to 10100 oz  in the Q4 .
With the information in the TD Securities Mining  Conference,we see that the 10100 oz Q4 productio number from Bell Creek comes from 62000 tons at 5,3 gr/ton and the grade  looks to me very promising but the ore supply is only 680 tons/day comparehe  to 41600 oz coming from 259 000 tons at 5,2 gr/ton or 2846 tons/day  from Timmins West.So the total daily production number is 3526 tons/day and the  supply is 19% from Bell Creek and 81% from Timmins West.
It is the first time I see such a good grade from Bell Creek (5.2 gr/ton) and I find it very promising but  a they will have to focus on how they will do it because the blend 81/19 is not the best, but for now acceptable.
For now we all understand that there it is a must to work on the balance sheet but I am pretty sure they are working on a scenario and drawings where they would built a shaft right under the mill at Bell Creek and to increase the production to 5500 t/day.
In summary ,lots of good news to come

[grush21]

All is good for now !!! Watch as the grades increase as they go Deeper !!Follow the Drill bit from past !!! The pot of Gold will be found !! (12Grams over 83 m) That alone is Mine !! GLTA !!