Lex Corp News Letter- Lake Shore Gold-LSG.to "Lots Of Upside"
At current levels LSG provides investors with lots of upside. I bought a few shares yesterday after reading some of the news releases. Plus, the stock has been beaten down to very attractive levels. The company had a disappointing quarter with a jump in cash costs to US$1,187/oz from US$586/oz in Q1/11. The next 2 quarters we should see some improvement and cash costs should be a lot lower. The Bell Creek Mill expansion should help the company increase production and lower their cash costs. The Bell Creek Mill should be able to handle 3000tpd and management will decide in late 2012 if they should further expand the Mill to handle 5500tpd. This would give the company a nice boost in production.
Do your due diligence.
Lex Corp News Letter