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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 > very undervalued !!
View:
Post by batflip2015 on Oct 28, 2015 11:18am

very undervalued !!

alot of gold rich land, 90 million in the bank , gold starting to raise with us at a good aisc maybe they get bought out maybe they dont both scenerio's are going to make us happy !
Comment by bigdaddycash on Oct 28, 2015 11:21am
exactly what many of us are thinking - both the buyout and going concern options work well for me!  LSG seems to be building a SICK amount of gold reserves - conf call tomorrow should be terrific listening.
Comment by bigdaddycash on Oct 28, 2015 12:01pm
almost could not be better scenario.  drifted right into the 144 resource already, mill can be easily exapnded to accomodate more ore, company has cash on hand for any neceassy ramp-up ... turn-around time from discovery to production is crazy fast on this for LSG.  how often does that happen - should represent tremendous value to the shreholder.  let's see what market says in ...more  
Comment by BrahmaViddo on Oct 28, 2015 12:11pm
Why expand the mill and shorten the mine life? They can't replace reserves as fast as they mine them.
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