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Bullboard - Stock Discussion Forum LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

TSX:LSG.DB - Post Discussion

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Post by Goldhound3 on Jan 06, 2015 12:35pm

LSG has to many

shares outstanding. They need to do a 10 or 20 to 1 reverse split
Comment by mary-ally-smith on Jan 06, 2015 12:58pm
Yep, a reverse-split, there's a winner. It has proven to be a great success for so many companies so often. Good one!
Comment by mountainpose on Jan 06, 2015 1:37pm
In over thirty years as a professional investor I have never seen a reverse split that worked. Never! And, over 85% of share buy-backs don't work either. Reducing debt is a big winning strategy. Having cash to make acquisitions is very smart, especially when it's cheaper to buy gold or oil on the exchanges than to dig for it. Quick note on oil. Super-tankers (300,000 barrels ea.) are ...more  
Comment by sens93 on Jan 06, 2015 1:42pm
Souds like a man who may be long FRO.
Comment by mary-ally-smith on Jan 06, 2015 1:49pm
mountainpose, spot on!
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