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

TSX:LSG.DB - Post Discussion

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Post by bossu on Jan 09, 2015 1:17pm

Seeking Alpha

Seeking Alpha in my mind is not the ''Bible''...!!!AISC was US 858 in the Q3 and for 9 months in 2014 AISC is US 861. In the Q3 LSG production was 45500 oz and Q4 was 43200 oz .They will probably show a slight increase in the AiSC will be around $ US 865 ,and the selling price for the year has been US 1200 /oz leaving a profit of $ US 335 /oz or 195,600 oz X US 335 = US 66.5 M and in Canadian 76 MM.So pretty good showing with the actual gold price!!! Sometimes we have to ask ourselves why Seeking Alpha make that kind of news.
Comment by finnboy on Jan 09, 2015 1:53pm
Hey Bossu, Another factor we should all consider is the fact that they met guidance and actually exceeded it. My guess is based on the q4 grades, they probably took the opportunity to blend in some of development ore that's probably stockpiled within easy access and not only saved some of the good stuff for later, but milled and consumed some of the lower grade stuff at the same time. Why burn ...more  
Comment by bossu on Jan 09, 2015 2:31pm
Finnboy, Totally agree with you and this is what I was saying at the time of the news release and explaining the voluntarily weaker grade for the Q4.We will see in the 2015 Q1 but Tony has mentioned in his guidance a 4.4 gr /t. I do not like Tony's guidance for the AISC from US 950 to US 1000 when we know that the 2014 AISC will be around US 865 The higher cost is probably due to the effect of ...more  
Comment by dastocknow on Jan 09, 2015 2:36pm
Don't worry, the lower oil prices will more than make up for the lower grade.
Comment by jpgoldilocks on Jan 09, 2015 1:56pm
I actually like seeking alpha, at least they have writers making cases both for and against, more so like world king news and the like that only have guests making outrageous bull cases. Like it or not some investors don't like lsg, and its good to read articles making the bull case, in a thoughtful way even if I disagree with parts of them.
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