TSX:LSG.DB - Post by User
Comment by
lornon Dec 08, 2012 7:01pm
![](https://assets.stockhouse.com/kentico-cms/0342-00/images/Sprite.svg#id_Post_Views_Icon)
452 Views
Post# 20703496
RE: RE: Re. Idlefreebird Fenn-Gibb
RE: RE: Re. Idlefreebird Fenn-Gibb Well lets say for the heck of it that Lakeshore proves up over 5 Mill oz and Barrick takes control of 51 percent and becomes operator of property... And just for the heck of it lets say barrick decides to build a mill and mine this property. Lakeshore gold would get 49% ownership of property and I assume the same percentage of profits? Gees this sound a lot better than a kick in the shin bones. Years of royalties from a Company like Barrick....Did Tony do a good deal here? Guess we got to wait to see how many oz's are proved up.
Goldhappy...care to figure out roughly how much money Lakeshore might make if this Barrick deal is successful? :-)