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

Holding up...

[Shlinker_]

Amongst the panic sellig today. I wonder if LSG is pegged as a take-over....

I mean who wouldn't want this company? seriously. I'd be happy with 1.50, but i know most of you want alot more. I think in times like these, any profit is warranted.

[Heffé]

What kind of return are you looking at personally at the 1.50 level?

[Shlinker_]

Im in under 1.00, so healthy 50%+, you?

[Heffé]

I've averaged my self down to .95 cents. Just as fast as we've lost the 1.40 range we could see that again in a couple months so hoping for a buyout not on my plan at the moment however nice that would be given the turbulence. But if that is what happens so be it :)

[Shlinker_]

Would Barrick or St. Andrews want these operations? I'd assume yes due to a wildly low AISC??

[jimylegs]

There is certain to be consolidation in the junior mining area if prices stay down much longer.  not sure if LSG is big enough for a Barrick and they've got there own issues to deal with.  Don't be surprised if LSG is the acquirer of smaller companies given they've shown they can generate cash and are on the lookout for more resources.  Not sure that's what i want as

[LexMark747]

Lets do some math .... Lake Shore Gold has 422,523,224 outstanding shares in it's float. For you to suggest a take over bid on LSG @ $1.50 that would mean that another bigger company ( Barrick, Gold Corp, St. Andrews ) would have to pay out $633,784,836.00. To express that number verbally and rounded up that would be approx. Six Hundred and thirty four Million Dollars. LSG is producing approx.

[Risktaker7]

I politely disagree with what Lakeshore is worth. The costs alone to proceed through the steps to find resources plus build  operational mines(infrastructure) plus earning net cash plus increase in reserves equals to well over a billion dollars for a market cap. I dont know exactly what the total value for LSG is, but hopefully alot more then $1.50 a share. What do you think it costs to build

[HARJAY]

FYI - PRESENT MKT. CAP IS APPROX. $400 M .  The costs alone to proceed through the steps to find resources plus build  operational mines(infrastructure) plus earning net cash plus increase in reserves equals to well over a billion dollars for a market cap.

[HARJAY]

Thats $400 M  U.S.  by the way. at  $0.95  U.S.   422 SHARES OUTSTANDING.

[HARJAY]

Would you want a co. with a chart like this buying LSG.? I   WOULDN'T !! they would have had to have done a better job managing their own affairs first and show themsleves to be a successful growing co. rather than a co. that has lost  70% of shareholder value over the last 3- 4 yrs.. After all  this was the largest gold co. in the world and lost its focus and just got