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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: Wade who wrote (12369)	12/8/2009 10:21:17 AM
From: loantech	Read Replies (2) \| Respond to of 48092

Wade I just spoke with IR and previously the Pres. at LSG. I am very favorably impressed with his explanation of geology and exploration at their Timmins area. They very well may be onto something. In addition they plan to produce 100K next year and up to 300K in the next few years at a mining cost in the mid 300's. <"The funds being received from these transactions will support our plans to move all of our projects forward as aggressively as possible. We expect to produce 100,000 ounces of gold in 2010 and then to build production over the following three years to upward of 350,000 ounces annually. Over the next 12 months, we will bring the Timmins mine to commercial production, establish National Instrument 43-101 resources at Thunder Creek and the Bell Creek complex, commence processing ore from the advanced exploration programs at Thunder Creek and the Bell Creek complex, and complete the expansion of the Bell Creek mill to 3,000 tonnes per day.> Maybe more of this to follow BWDIK: <Lake Shore drills 83.4 m of 12.75 g/t Au at Thunder 2009-06-24 04:47 ET - News Release Mr. Tony Makuch reports LAKE SHORE GOLD REPORTS 12.75 GRAMS PER TONNE OVER 83.40 METRES AT THUNDER CREEK>> Very experienced miners and they are right between Dome and Hollinger. They think they have found El Dorado and have some drill results to back it up IMO.