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3/26/15

Lake Shore Gold (LSG.to) 4q14 results

Apart from a financial charge taken that turned a projected small profit into an actual small loss for 4q14, this was your box standard in-line quarter. You can sum up 2015 guidance as "Hey, you see what we did in 2014? We're doing the same in 2015", so if you're looking for price catalysts it's either that new fangled 144 zone or the gold price. The value purchase isn't at this current price level (and I don't own personally) it's more around the 90c area, but if you like your gold miners small and solid there are worse out there. A well-run miner that got its act together nicely in 2014. NR here