I have fished Lost Lake heavily for over 40 years. We have owned a place on it for over 30 years. It can be a great fishing lake at certain times of the year. Panfish and northerns are always abundant in the weeds. In July, largemouth bass are usually in the shallows around docks and thick "slop" in the bays. Muskies can be found also in the weeds or weed edges. It is a great crappie lake (look for cabbage weeds). Walleye fishing can be the most inconsistent. Again, try weed edges or the 2 rock bars out from Dorway resort. This year, the weeds are ahead of most years in my opinion. Good luck!!