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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (13108)6/18/2015 7:34:13 AM
From: Goose94Read Replies (3) | Respond to of 202706
 
Lake Shore Gold (LSG-T) top pick from Jon Case on BNN.ca Market Call Thursday June 17 @ 1300ET

Free Cash Flow: Lakeshore has struggled to generate free cash flow, and as the balance sheet deteriorated, so did the share price.

We have seen that change in the last 12 months and the company generated US$55M in FCF, that’s a big number for a $450m market cap – CDN dollar has been a tailwind

Wealth Creation:144 Gap zone looks to be a source of significant exploration upside

Management, like what they are doing, using FCF to paid down debt and improve the B/S

Good jurisdiction in Canada. Main Risk is short mine life – being addressed through exploration.