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

takeover is real...and likely more than one suitor

[Aurum1983]

https://incakolanews.blogspot.pe/2016/02/tahoe-resources-taho-thoto-in-late.html

[mycashsgoesohno]

Excellent thank you.Confirms what we were told and have said!

[Blazin_Sunfire]

OK. if this halt is truly what you said it could be, I will be very impressed with your knowledge, and capacity to learn vital information before most of the market.

[mycashsgoesohno]

Blazin.Go look at our last round up.SGC.V. Two years ago we said the DEAL WAS DONE at 12 cents. We also said it would be a .38 cent buyout by the Chinese. Now fast forward two year to today.The Chinese have made a offer at 35 cents with a variable to 40 cents. Of course the board residents bashed us for two years. Hows that working out for them? LOL I note the Halt does not say company requested

[borne2run]

Trading Halt is due to Pending News; it is NOT due to a request from IIROC. So, according to the wire services, the company requested the haltTORONTO, Feb. 5, 2016 TORONTO, Feb. 5, 2016 /CNW/ - The following issues have been halted by IIROC: Company: Lake Shore Gold Corp TSX Symbol: LSG (all issues) Reason: Pending News Halt Time (ET): 1:05 PM ET

[goldhappy]

good bird dogging ....borne2run

[makingdough]

If so, clearly it was leaked ... gonna be some pissed off people out there. 

[Shlinker_]

And there you have it. You admit to perhaps being wrong. But thanks for coming out mycashgoesohno. Back to drinking tea for you. No need to get personal - Im British too.

[mycashsgoesohno]

Sorry you are wrong. The buy out is real.They are just deciding price and terms.Could be resolved by now but who knows. The real issue is it will happen only but will they deny it on a technical basis because of vol and price.As long as its not a signed formal offer LSG can say we do not know blah blah blah. Or as someone mentioned it could be the drill results.But the offer will come.Dont twist

[Wolfin13]

Would I be correct in saying that Goldcorp owns 25% of Tahoe...............if so then it would be effectively a Goldcorp takeover through Tahoe..........please correct me if I am wrong in my specuation......GLTA

[bigdaddycash]

i think GG divested in TAHO last year - sold out based on TAHO being silver/gold producer rather than just gold if I recall was GG reasoning.