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

Drilling results

[bossu]

We should have a new batch of drilling results this week...How about having something like we have
had in November 2010 when they announced an intersection of 6.92 gr/ton over 61.4 meters at Thunder Creek 730 level  (11/24/2010 ) At this time, share price was at $ 3,50 or so !!
Now we have a mill able to proceed 3600 t/d and a modest investment would increase mill output to 5500 t/d .....but we need to increase proven resources to justify any investment.
This is why the actual drilling program is so important for LSG future.
We should have a ''clue''very soon and in my mind very important development to be announced in the coming months.

[analysethis9]

Thanks for pointing out that release ! I went and read it again to refresh my memory . At the time TM referred to a system of 300 m x 125 m open at all ends in a syenite porphyry with qtz veins and many VG sightings. In the August 20 2015 presentation a slide showing the mining of the area where the drilling had occurred shows an average strike of 10 m to 35 m and width of 10 m to 15 m being the

[goldhappy]

Credability for LSG went #2 when Hothschild Mining bailed out. The knowledge of the problem did not come out until many shares had been unloaded and the price dropping like a rock. Cost me and many others that did not have the early information. Down went the stock from about $4.60 to 16 cents. The company was not bad. The management was cruel to it's little shareholders. We finally got late

[Wolfin13]

Its the market cap..............just under $500 million............which is in line with what has been reported in LSG financials............so at this time its fairly priced.........also shares outstanding are another factor here.............. However once the POG starts its epic rise after being step on for such a long time............it will be an adrenilin lift for the whole gold and silver