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



TSX:LSG.DB - Post by User

Comment by Allthewaydownon Oct 14, 2014 5:15pm
342 Views
Post# 23027464

RE:RE:RE:LSG not so bad as some have posted!!!

RE:RE:RE:LSG not so bad as some have posted!!!
<<it was not meant as hate news>>  I understand that, and was not trying to convey that impression. I was interested because I did not previously know about the Hothschild connection. My mention of hate news was a different topic. I think actually that "sector underperform" has to be interpreted properly. Is it underperforming relative to ROE, or relative to P/E, or market cap per ounce of reserves, or what?  Frankly I am quite happy with the cash flow and with what they are doing with it. The company has to strengthen the balance sheet and the reserves to be top tier, but they have done something even more important - they have managed the cash flow, which is what enables both of the others to fall into line. I love the management of this company. So far the only bad thing I have to say is that Tony is not the best smooth-talker for the presentation circuit, but to me that's as much of an asset as a liability. Already too many smooth talkers in gold!
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