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

Offer is too low

[dove18]

Being a canadian producer and selling its gold above $1600 C. and with an AISC under $950 (cash cost in the low $500) and with reserves much higher than publised numbers, this offer seems very low and shareholders should refuse the offer.
I think anything under $2.50 should be refused.

[kkkrrrr]

the offer is fair ...  the P/E ratio of LSG is >30 ... i think 900 million$ is a good number  ... Tahoe is net cheap too ...   i will sell all my shares now and will put the monay into TGZ and EDV ...  production numbers: TGZ  200000 oz p.a. at AISC of 900-950$ oz -> marketcap if 150 million CAD EDV 600000 oz p.a. at AISC of 875-925$ oz ->marketcap of 500

[clgu]

I couldn't agree more. LSG is a Canadian producer with very good prospects operating in a stable jurisdiction. Tahoe on the other hand is active in Guatemala and Peru ! It has legal problems in Guatemala and taxes will be raised over the next few years. The same for Peru. Both countries are in high need of tax dollars. This is a very BAD deal for LSG shareholders. Especially since the premium

[Crucel78]

  Why is LSG management so happy with this deal? They did withhold the latest drill results to make the offer look good. The resource update adds approx.. 3 years of production. The Share price would go up significantly after the release. “representing a 14.8% premium to the closing price of Lake Shore Gold on February 5, 2016 and a 28.6% premium” What would the premium be after the resource

[makingdough]

I agree, this offer is suspiciously low. 

[8gramsplus]

Interesting  The Broker acting   for US  was BMO this is the  company   that had a mkt  call,   of underpreform   for months TD whom had fair target and get  updates gets boxed out of the deal deal sucks    ,better to stand alone ,we dont  need   any  help from   BMO nor THO gold up 34,00 US  today thats