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

Expectation is ''HIGH''

[bossu]

Whit a 2% increase in the Gold price we are up 5.4 % this morning.
As far as i'm concerned I was expecting that king of increase when LSG will released the positive operation highlights later on this week.
The good news is the fact that the actual share price is a new base to a further increase a the time of the announcement.
indeed,the expectation is ''HIGH''
Happy trading all!!

[Wolfin13]

LSG's drilling program on the TME claims will bring huge surprises to the shareholders later on in 2016 and will extend LSG's mining life in the Timmins Porcupine camp..........a great takeover immediately next door to the LSG mill........GLTA

[Rescue9]

TME has already spent millions of $ drilling the high grade shallow deposits at Whitney so hopefully LSG can review those records which they now possess to save time and money.Goldcorp failed to pay some of their share of the exploration expenses on those programs and it was speculated that G's % ownership of Whitney would be reduced from 40% to only 15%.This issue may be the stumbling block

[bossu]

============================================================================ To give everybody on the board something to think about,just remember what was said by Tony on December 18 2014; --I'm targeting 170 000 to 180 000 ounces of gold in 2015 --The cast operating cost will be between US$ 675 to US$700 per ounce --The AISC cos will be between US$950 to US$ 1000 per ounce --However the mill

[Wolfin13]

In the old days an open pit mine was only viable at 3-5 gr / ton gold Underground mining required 9 - 10 grams / ton to make it profitable ... Today open pits are mining at 0.05 - 1.5 gr / ton and it requires a lot of tonnage but a much larger in ground resource to make it viable.......oil crash is certainly helping with lower energy costs Underground mining is at an historical low of anywhere