Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > News
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(0)
•••
Comment by bigdaddycashon Mar 13, 2015 2:03pm
509 Views
Post# 23518967

RE:RE:RE:RE:RE:RE:RE:News

RE:RE:RE:RE:RE:RE:RE:NewsGH, I agree with you. If some of the larger shareholders (e.g. Van Eck) are offered 35-40% over mkt price one would assume they would agree - this represents a fantastic premium even though you or I think LSG is worth more!  At the current mkt price of $0.97 CAD this would be, say, $1.37 and wham - we are no more even though many feel the company is worth more.   The conv debs would not even kick in at $1.37 to save us!

Some funny stuff going on with share price - the 29% reserve upgrade seems to not affected price too much.  EIther we are wrong about this company, the gold bear market has sunk us or some financial engineering of some type afoot.

gltals.....
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities