Post by
idlefreebird on Jan 01, 2016 9:33pm
The reason I'm saying miss guidance
Is at 4,000 tpd @ 4 gpt would be 14,500 plus ounces .... Therefore a miss but don't matter... Lakeshore is ligit to the long holder...there is lots coming up my friends... Hang tight ... Xo
Comment by
bossu on Jan 01, 2016 10:07pm
Very funny ..because 4000 TPD at 4.0 gr/ton is about the same as 3500 at 4.6 gr/t..and this should be 180 000 oz guidance for 2016... It is quite obvious that the grade will be lower but production should improved by 14 % to reach that goal. Stay tuned for the Tony's number to be announced next week!!
Comment by
gordo32 on Jan 02, 2016 12:53am
You are puting way to much on these numbers find somthing else to talk about. Gordo
Comment by
mary-ally-smith on Jan 02, 2016 8:15am
Gordo, if you're a long-term investor in LSG these numbers don't matter you're right. If you're a trader in LSG stock they do matter big times. If you're both investor and trader then everything matters.
Comment by
goldhappy on Jan 02, 2016 11:54am
You are on the money mary. LSG could be shaping up for a good move up then relax off like it has done so many times in the past. There is an awful lot of information coming forward in the first quarter. Like many I would like to time a few day trades. My timing is never the best. I think you got this down pat and your blog makes good scence.
Comment by
gordo32 on Jan 02, 2016 4:11pm
goldhappy& mary mary I guess I am a long term since I payed $3.85 some years ago goldhappy you talk about bad timing.Try explaning that to your spouse. Gordo
Comment by
BrahmaViddo on Jan 02, 2016 7:32pm
I guess you need to explain the term bag holder to her
Comment by
gordo32 on Jan 03, 2016 1:03am
Yup Hi goldhappy It was a gold darling at that time for sure .But guess what I think it is on a comeback in invester confidnce the news in the next little while should prove that out. Gordo
Comment by
bossu on Jan 08, 2016 10:31am
They did exactly what I was expecting. They have been able to increase daily production from 325 000 in the Q3 to 355 000 in the Q4 or 3858 t/d and in December a fabulous 4270 t/d, So no need to invest $100 MM for now to bring the production to 5500 t/d It is wise from them to preserve cash and see the outcome of the 144 GAP and the Temex acquisition. The best is yet to come
Comment by
rollon on Jan 08, 2016 10:42am
Good observation Bossu. I have a question for you. Can LSG increase the Mill output without taking down time from day to day production. In other words if a decision was taken to increase output is the mill put out of production for a certain period of time to facilitate construction? Thanks