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

insider selling

[UptickHedge]

There's been a lot of posts about $1.40 barrier busting, takeover target, a major appreciation in SP... Etc etc...  If any of those things were imminent/likely in near to medium term, would one of the most informed people in the company sell 50k shares?

[bigdaddycash]

Everyone should remain calm!  Seems she exercised blocks of 67,576 at 0.41 and 47,000 at 0.87 options (total of 114, 576 options exercised) and contimues to hold 418,240 options.  So it looks like she sold 20% of her options.  Her gross proceeds before tax gain on the subsequent sales was $81,791.62.  Probably just diversifying a little considering the volatility of gold and

[rollon]

Cut it anyway you want this still sucks big time. Personally it doesn't make sense to man or beast. Why? why? why ? Who will pay for this destruction? The uninformed that's who. I would encourage every shareholder to call or e-mail Tony and ask why. If you own shares that is your right. Good luck. What a backhander!!

[tappenade]

I will not call tony !!!! How is the Co. going to attrack good people  if you grant them options they can't exercise ????? Get a life !

[borne2run]

rollon, it is important to consider all the facts.  When an employee exercises deep in the money options, the CRA levies taxes.  So, generally what happens is that the employee sells enough shares so as to pay the taxes.  In some cases, an employee will have a very low ACB for their shares and the resulting sale also triggers capital gains.  And on top of all that, there is the

[HARJAY]

Makes sense to me. If any of us had the eability to buy optins at $0.41to $0.87  and sell them at $1.30 we would. No other big selling going on though. Transaction Shares/ Account Date Insider Name Ownership Type Nature of Transaction Security Price ($) Units Change* Account Balance May 14/15 Federico, Alasdair James Direct Ownership Public market sale Common Shares 1.310 -76

[rollon]

Raj Ray, the Financial analyst for National Finance that covers Lakeshore, travelled to Timmins for a sight visit. Upon his return he wrote a very positive report and put a $1.75 target on the stock. In the interim Tony is at a Mining conference in Europe promoting the company. Meanwhile back at the ranch 3 of his operating officers off load at $1.30. Now call me what you like but I just can't

[UptickHedge]

While I understand insider selling doesn't automatically suggest we should all start selling, it does give 'outsiders' a number at which an informed person/people are valuing the company at - near term.   To contrast, if we were seeing insiders step in and buy at $1.30 as the price is climbing, it'd be pretty encouraging.   Overall its its not the only thing that matters