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

Metals & Mining Gold


TSX:LSG.DB - Post by User

LAKE SHORE GOLD CORP 6.25 PCT DEBS
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Post by lornon May 08, 2013 8:03pm
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Post# 21354333

Re....Why?....

Re....Why?....

Why would Sprott and Franco Nevada invest millions upon millions in a company who can not repay debt.I have to assume that the people running Sprott have seen Lakeshore mining plans, know the grade of stopes, know how many oz's they have in the ground and made the decision that Lakeshore has the colateral to repay loans.  I don't blame Lakeshore management for MY decision to not sell a 4 bucks a share.I just can't believe that the people running Sprott and Franco are stupid.  What did they see that convinced them to loan millions to Lakeshore??

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