Lake Shore Gold

LSG-T

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0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about LSG-T

Signal
Opinion
Expert
COMMENT
COMMENT
February 3, 2015

On his stock watch list. Have been publishing good results. Something has always made him hesitate about buying into this company. They have some pretty good backers behind them. He can see that if gold goes up, this will go up.

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Lake Shore Gold (LSG-T)
February 3, 2015

On his stock watch list. Have been publishing good results. Something has always made him hesitate about buying into this company. They have some pretty good backers behind them. He can see that if gold goes up, this will go up.

HOLD
HOLD
January 6, 2015

Actually not a bad looking chart. It is currently well above the 2013 lows, but we still need to take out the pivotal point of around $1.20. He likes the sector and thinks it is going to turn, but lately this one has been a bit of a laggard and is not keeping up with the rest. Be patient with this and see if it takes out the $1.20 peak.

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Lake Shore Gold (LSG-T)
January 6, 2015

Actually not a bad looking chart. It is currently well above the 2013 lows, but we still need to take out the pivotal point of around $1.20. He likes the sector and thinks it is going to turn, but lately this one has been a bit of a laggard and is not keeping up with the rest. Be patient with this and see if it takes out the $1.20 peak.

DON'T BUY
DON'T BUY
December 2, 2014

Has had some knocks lately because of it’s debt. Having a lot of debt associated with a mining company is an imbalance. How do they expand? To expand they need capital. This is not a name that he would look at. (See Top Picks.)

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Lake Shore Gold (LSG-T)
December 2, 2014

Has had some knocks lately because of it’s debt. Having a lot of debt associated with a mining company is an imbalance. How do they expand? To expand they need capital. This is not a name that he would look at. (See Top Picks.)

DON'T BUY
DON'T BUY
November 25, 2014

A disaster waiting to happen. He sees this as a producer that is very challenged going forward. His overall view on gold is very bearish. Most gold companies start to run into trouble, certainly below $1200 an ounce, but around $1100, $1000 and $1050, you have real issues with virtually everyone. It has debt and really no growth, and gold is going the wrong way.

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Lake Shore Gold (LSG-T)
November 25, 2014

A disaster waiting to happen. He sees this as a producer that is very challenged going forward. His overall view on gold is very bearish. Most gold companies start to run into trouble, certainly below $1200 an ounce, but around $1100, $1000 and $1050, you have real issues with virtually everyone. It has debt and really no growth, and gold is going the wrong way.

COMMENT
COMMENT
November 5, 2014

Doesn't have a lot of exposure to gold in general, but this is one of the juniors that he has decided to play. Costs of $580 an ounce and has $70 billion in the bank. Doesn't see anything wrong with owning a company that makes money right now and continues to make money even if gold is $1000-$1100, because it's “all in” costs are just under $1000. The big knock, besides failing to meet expectations and projections, is that it has a 6 year mine life. He thinks it can make $80 million next year in cash flow and about $50 million free if gold is around $1200. He is very confident they can extend the mine life beyond 6 years.

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Lake Shore Gold (LSG-T)
November 5, 2014

Doesn't have a lot of exposure to gold in general, but this is one of the juniors that he has decided to play. Costs of $580 an ounce and has $70 billion in the bank. Doesn't see anything wrong with owning a company that makes money right now and continues to make money even if gold is $1000-$1100, because it's “all in” costs are just under $1000. The big knock, besides failing to meet expectations and projections, is that it has a 6 year mine life. He thinks it can make $80 million next year in cash flow and about $50 million free if gold is around $1200. He is very confident they can extend the mine life beyond 6 years.

COMMENT
COMMENT
August 7, 2014

Likes this company. This has had a real, real run. If you are constructive on the price of gold, you should own this. They are getting everything right for the last couple of quarters.

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Lake Shore Gold (LSG-T)
August 7, 2014

Likes this company. This has had a real, real run. If you are constructive on the price of gold, you should own this. They are getting everything right for the last couple of quarters.

COMMENT
COMMENT
August 5, 2014

Went through a bit of a teething period, as many of these mines do. Cash costs were quite high. Have been able to bring them down in the last several quarters, and just came out with some good numbers. One of the concerns is that they are mining above grade at just over 5 grams per ton. If you see that grade come down, you’ll see a slight bump in the overall costs. Has had a nice run. Not the cheapest stock out there, but seem to be making a turn around right now in terms of getting things under control.

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Lake Shore Gold (LSG-T)
August 5, 2014

Went through a bit of a teething period, as many of these mines do. Cash costs were quite high. Have been able to bring them down in the last several quarters, and just came out with some good numbers. One of the concerns is that they are mining above grade at just over 5 grams per ton. If you see that grade come down, you’ll see a slight bump in the overall costs. Has had a nice run. Not the cheapest stock out there, but seem to be making a turn around right now in terms of getting things under control.

COMMENT
COMMENT
July 9, 2014

On his Watch list. Gold is a pretty interesting sector in a lot of ways. This company was starting to have record output, and was moving up the charts. Moved too far for him at this point in time. However, could see how there could be further gains ahead.

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On his Watch list. Gold is a pretty interesting sector in a lot of ways. This company was starting to have record output, and was moving up the charts. Moved too far for him at this point in time. However, could see how there could be further gains ahead.

HOLD
HOLD
June 27, 2014

With a lot of these companies the key issue is cost of production. As we went through this tunnel, cost of production was much higher than the stock price for a lot of the companies. This is why they have been hurt. He is pretty comfortable that gold is going to go back up and all these companies are going to look great.

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With a lot of these companies the key issue is cost of production. As we went through this tunnel, cost of production was much higher than the stock price for a lot of the companies. This is why they have been hurt. He is pretty comfortable that gold is going to go back up and all these companies are going to look great.

DON'T BUY
DON'T BUY
April 21, 2014

Doesn’t know if it will ever break $1. The problem is access to capital. They are trying to get into the higher grade ore and that is not always easy. Costs are always going up. Gold is not his favourite industry.

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Lake Shore Gold (LSG-T)
April 21, 2014

Doesn’t know if it will ever break $1. The problem is access to capital. They are trying to get into the higher grade ore and that is not always easy. Costs are always going up. Gold is not his favourite industry.

BUY
BUY
March 31, 2014

The price of gold is pretty steady. No cause to be alarmed in either direction. LSG is being treated with greater affection than a couple of years ago. Is building to be a decent producer.

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Lake Shore Gold (LSG-T)
March 31, 2014

The price of gold is pretty steady. No cause to be alarmed in either direction. LSG is being treated with greater affection than a couple of years ago. Is building to be a decent producer.

COMMENT
COMMENT
March 25, 2014

Bought and sold this a number of times in the last 4-5 years and is currently out of it, but kicking himself somewhat. Feels he should’ve started seeing some of the signs of a turnaround. Really pulled up their socks in the last 6-9 months. Had some issues and ramped up their mines. Had a great last couple of quarters. Guidance seems to be going up. Very interested in revisiting this, but he’ll wait for a pullback.

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Lake Shore Gold (LSG-T)
March 25, 2014

Bought and sold this a number of times in the last 4-5 years and is currently out of it, but kicking himself somewhat. Feels he should’ve started seeing some of the signs of a turnaround. Really pulled up their socks in the last 6-9 months. Had some issues and ramped up their mines. Had a great last couple of quarters. Guidance seems to be going up. Very interested in revisiting this, but he’ll wait for a pullback.

COMMENT
COMMENT
March 3, 2014

He is nervous about operational risks.

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He is nervous about operational risks.

WAIT
WAIT
February 3, 2014

Cash operating costs look fantastic, but you go to the financial statements and all the cash flow is sunk back into the business. Looks like last quarter was fantastic. He wasn’t able to see free cash flow. Higher end of the risk spectrum.

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Lake Shore Gold (LSG-T)
February 3, 2014

Cash operating costs look fantastic, but you go to the financial statements and all the cash flow is sunk back into the business. Looks like last quarter was fantastic. He wasn’t able to see free cash flow. Higher end of the risk spectrum.

DON'T BUY
DON'T BUY
January 20, 2014

Gold stocks had a major sell off. On the long term these stocks will need much longer base building to become attractive.

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Lake Shore Gold (LSG-T)
January 20, 2014

Gold stocks had a major sell off. On the long term these stocks will need much longer base building to become attractive.

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