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

Interesting Article in the Financial Post

[dutchmann64]

https://business.financialpost.com/news/mining/how-smaller-canadian-gold-miners-are-thriving-despite-todays-gloomy-price-environment

[JRaffles]

A very interesting article. As the KGI Macassa mine is on the same gold structure as LSG and other mines, are there any other mines along this structure which have identified high grade ore at the 5,000 ft plus depth? Grades of up to 1 ounce per ton at this depth are unlikely to be found in isolation at KGI's Macassa mine?

[shawk]

That map is out to lunch LakeShore's mines are not in Kirkland Lake.

[bossu]

Quote from Tony:""If we stayed at low production rates and didn't invest capital we never would have made money.There was a point of inflection around 2700 t/d where suddenly our costs were coming down and our productivity was going up''.And now they are producing 3500 t/d and making very good cash flow at $1125 US/oz or $1500 CN. What I like very much in the Friday news