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

TSX:LSG.DB - Post Discussion

LAKE SHORE GOLD CORP 6.25 PCT DEBS > This is why Goldcorp will buy LSG. (cont.)
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Post by cre8value on Oct 23, 2015 8:37pm

This is why Goldcorp will buy LSG. (cont.)

First, find the two red marks that are the mills in this picture.
The Whitney gold will go to Bell Creek. 60% LSG 40%Goldcorp ?

What is not shown is the ore coming from Goldcorp Borden Gold Project( was Probe) going to the Porcupine mill.
Bell Creek is ready for some of that ore. No need to expand Porcupine mill.

Look at the land package.  Can you see LSG right between the two large parcels of Goldcorp.

Now, can you see why LSG should borrow $50 million and swiss cheese Fenn Gib and get
Barrick to pay $100 million when the oz go over 5 million.  

LSG is in the cross hairs of a major buyout.


https://image.slidesharecdn.com/lsgpresentation2015-09-21denvergoldforum-150921165817-lva1-app6891/95/denver-gold-forum-presentation-19-638.jpg?cb=1442866703
Comment by cre8value on Oct 23, 2015 8:38pm
Comment by goldhappy on Oct 24, 2015 4:25am
cre8value...your points are well taken and have great merritt. In business we make choices. Usually based on our finacial strength. I would bet if you were sitting as a fly on the wall inside the LSG boardroom you would have heard management brain storming ideas. Likely your ideas have been considered in the big picture for LSG. In ths gold market I would not borrow money to make my company look ...more  
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