Lake Shore Gold Corp. TICKER: TSX:LSG DESCRIPTION: Lake Shore is a mineral exploration company engaged in the acquisition and exploration of mineral properties with prospects for hosting gold and base metal deposits. The Company is currently active in Canada and holds a number of mineral resource properties in Ontario and Québec. Lake Shore is a reporting issuer in British Columbia, Alberta, Manitoba, Ontario and Québec.
The information below is based on the most recent information we have
received from analysts and the companies participating in The Gold Report.
We encourage you to visit the company's web site for updates.
The Gold Report
"One of the top five mining equities this week - up 17.0%." (9/2/08)
-STEFAN IOANNOU, HAYWOOD SECURITIES
Looks like the stock put in it's bottom a couple days go with a test of 2 - 3 year lowsHochschild Mining Holdings Ltd., now owns 35% of Lake Shore buying through placements involving 33,166,908 shares of Lake Shore at 2.40 and of 28,172,302 shares at $2.30. Hochschild has now invested a total of $144.3-million in Lake Shore Gold and owns 61,339,210 shares.
Certainly it is good enough for us to buy at almost half the price as Hochschild." (8/1/08) -
Struthers Resource Stock Report
The Gold Report
"Two Wabun Tribal Council First Nation communities and Lake Shore Gold Corporation will soon be benefiting by the development of the company's Timmins West Gold property only 18 kilometres west of Timmins.
Mattagami and Flying Post First Nations signed an Exploration Agreement with Lake Shore Gold Corp. at the Wabun office complex in Timmins on Friday.
Of several agreements signed by Wabun Tribal Council First Nations over the past few years, the developing Timmins West Gold property with Lake Shore Gold Corp. could be the largest mineral producer.
Anthony Makuch, president/ CEO of Lake Shore Gold Corp., commended the chiefs and negotiating team for producing the exploration agreement.
"The agreement being announced today is an important step for maintaining and further developing our solid and mutually beneficial working relationships with both the Mattagami and Flying Post First Nations -- two key stakeholders in the Timmins West project," said Makuch." (7/21/08)
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Timmins Daily Press
The Gold Report
"Results from the first five holes of its resource expansion drill program at Bell Creek were successful in demonstrating continuation of mineralization at depth...Maintain sector 'Outperform' and $2.30 target price." (7/14/08)
-ANDREW KAIP, HAYWOOD SECURITIES
The Gold Report
"Hochschild increases holding from 35% to 40%. Hochschild has reached an agreement with Aurora, a wholly owned subsidiary of FNX mining Company, Inc. to acquire 11.8 million common shares of Lake Shore Gold for a total cash consideration of C$21.4 million or C$1.82 per share, approved by Lake Shore shareholders on May 15, 2008. While Hochschild investments place the company in a strong position to execute their Timmins-based development plans, shareholder perception remains skeptical that Hochschild is staging a company takeover of Lake Shore that caps upside." (6/23/08)
-ANDREW KAIP, HAYWOOD SECURITIES