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

Aurizon Gold taken out by ALamos

[dreaddogs]

could we be next.. ????? these companies are looking for cheap underperforming gold producing stock....

[idlefreebird]

how funny it is , I just listened to there Scotia conference yesterday to see if any of our joint venture was going to be mentioned , they just talked about the bad year they had and the stepping back to get things done right, that is why they missed there forecast and was going to miss it in 2013 also,but 2014 would be back on track.Therefore stock dropped from $5.00 to$3.50 and then here comes

[chapulin]

Hostile takeover. Gee, 36% premium for LSG would only be $1.15 - ouch. Don't think it can be done for less than $1.50 though.

[IMgolden]

Idlefree, I also had stock in Prodigy and also made a killing.  But many were upset because they paid up to $4 like some have with LSG.  When they got taken ove the stock went from 70 cents only to $1.  Many of us little guys voted NO but the big fish all wanted it.  The vote ende at 99% in favour.  In other words, I really believe people on this board will essentially

[idlefreebird]

I agree , we are the small fish . I just checked and Aurizon had just put out there advance notice for shareholders on Dec.18. The thing that is sad for Aurizon is that Alamos already owns 16% . We don't have anybody over the 10% holdings of Lakeshore.I think it's time for Tony to take the poison pill. I had talked to Tony about this a month ago and he didn't feel it was nesesary . I

[twonxanity]

Looks like Aurizon shareholder are getting the shaft big time. 36% premium is peanuts. They had over 200 million cash and no debt. EV of less than $400 million and have had excellent cash flows in recent years. Absolute travesty. ARZ shares traded at the takeover price just 2 months ago.   This better not happen to us with LSG. The BOD is supposed to be acting in our interest, dont fail us