11:36 AM EST - Lake Shore Gold Corp. : announced details of the Company's financial and operating results for the fourth quarter and full-year 2011. Net loss for the year ended December 31, 2011 was $10.9 million or $0.03 per common share. Net loss in the fourth quarter 2011 totaled $5.5 million or $0.01 per common share, largely reflecting write downs related to the Company's investment in Golden Share Mining Corporation and the option agreement relating to its Mexican assets, the Company's share of net losses on its investment in associates and exploration spending on its Mexican assets. Lake Shore Gold Corp.
shares T.LSG are trading up $0.02 at $1.27.
