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

Hopping to give proper info past comments

[idlefreebird]

The milll expanxsion to 5500 -6000 tpd is going to cost from $20- $40 million for solution side as grinding circuit is up to par  and solution circuit can be put together as operations is still ongoing .There would be a little down time to tie in but not sure of amount of time...reality is they need to do liner repairs to mill yearly and would probably scheduled at same time if management is doing there job right...Lakeshore increase in production to 5500 tpd will be in a couple years as Tony mentions 144 production at 2 half of 2016 for 10- 15 ,000 onces so once they get developement done 50,000 onces could be possible for 2017 and that would maybe be as Dec. a 4,200 tpd production for 2017...2018 can be the year for 6,000 tpd as they could have Bell Creek and Halnor up to snuff for maximizing production....Let's go with this for now lol.... gltal and be long and strong..

[cre8value]

Idle - Thanks for your input So basically you have a mill that is designed to produce 280,000 oz/year that will only produce 180,000 oz based on 2016 guidance. (using 4.4 gpt as the average grade) The extra 100,000 oz pays for the small expansion in the first/second year. The also adds to the buyout value of the company. The expansion should be part of the growth slated for this year.  

[idlefreebird]

If you listened to one of the conference calls new resource estimate should be out around 2-3 week february including new reserves... Bell Creek needs a shaft to increase output so at least 2 years away for it and Halnor well drilling program needed but the bonus there to keep in mind was that cut off grade was 6 gpt so there could be some good ore not to far away....Hoping they get paper work on

[analysethis9]

On Jan 9 you stated new reserves and 144 resource by 2 nd or 3 rd Feb Now Gap in March and reserves may be month end of march. What changed in 3 days

[idlefreebird]

sorry I worded that wrong or you read it wrong....yes reserves and 144 resource before end  of Feb,,, PDAC is in March wich is a big conference in Toronto.GLTAL

[idlefreebird]

Just checked ... you read it wrong... pdac in march and resource before hand. gltal

[analysethis9]

Idle thanks for the great news about reserves and resource before pdac . as posted on the Jan 9 2015 5.54 pm post and you were reading Jan 12 2015 10.07 a.m. post .

[analysethis9]

reply to post January 9,2016 They are counting the reserve oz and resource oz and should release in 14-21 days based on idle post.

[goldhappy]

The key is proven ore required to feed the expanded mill. LSG is not quite there yet. Need development lead time. Development layouts require exploration completed and feasability studies done. Another thing Tony wants is a "STONG BALANCE SHEET". We are in or nearing another recession of sort with China leading the pack. I also think Tony wants the debenture issue out of the way. In the