Lake Shore Gold Corporation (LSG)

[gharma]

Exactly NYBob, and to me the big statement in the report is

Following completion of the expansion, production levels will increase to over 140,000 ounces on an annual basis (note: stated earlier this is early September), cash operating costs will improve to around US$700 per ounce, capital requirements will decline dramatically for the balance of the year and the Company will begin generating net free cash flow at current gold prices.

Specifically, guidance is on-track, still projecting profitability net of all costs before start of Q4. That has been a long, long time coming, has cost the sale of a royalty, etc. but the company will basically be back where analysts thought it was before its fall from the $4 to $6 range (and that was before Fenn Gib was acquired, or the work on it, and before cap ex completed for Timmins West)
Oh, and let's not forget the NR was July 4 a day seeing the London gold fix at 1249.50 AM and 1251.75 PM.