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LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB



TSX:LSG.DB - Post by User

Post by digger144on May 01, 2012 8:15pm
564 Views
Post# 19859239

Remember When...

Remember When...

Anthony Makuch joined Trelawney Mining...first as a director and soon after named Chairman of the Board....he resigned in March, 2011.

But...before he left he took something of great value with him!

Options:

60,000 @ $.26

140,000 @ $.37

200,000 @ $.75

60,000 @ $1.25

Total:  460,000 @ $.6356....Cost to Makuch:  $292,400.00

Profit on Iamgold Offer:    460,000 X $3.30 per share....$1,518,000.00 - $292,400.00

                                                                             Total Profit...$1,225,600.00

So...if you are impressed by his recent purchase of 200,000 @ $.78...maybe...think again!

Digger144

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