TSX:LSG.DB - Post by User
Post by
digger144on Oct 09, 2010 2:01pm
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Post# 17548942
Grant of Options...
Grant of Options...
The timing of the Grant of Options to the respective Executive and Management Team of Lake Shore Gold is speaking loudly to us!
The Board of Directors has approved this for good reasons!
All the options have been granted at an exercise price of $3.65 per share which is telling me that the Company and the Board of Directors are anticipating a sharp move upwards in terms of stock price and have granted these options before any such move occurrs in order to reward the respective individuals before any such events take place. Options cannot be awarded lower than the current share price at the time of the granting, if they wait and the share price appreciates significantly from where is is today the window of opportunity has closed and they all lose out!
There is so much more positive news to come in the short term and the share price will move up accordingly.
Also...and this is very important they are covered in terms of a possible take over or Merger of Equals Event and will be compensated accordingly if any such event takes place...justified in my opinion...we would want the same in their position.
If you had any intentions to leave this play or are ready to push the sell button...perhaps you should think again!
I have said this many times....and...I will say it again....we are in the early chapters of this story!
I love this play....let the fundamentals catch up!
Digger144
P.S. Our management team has been very, very aggressive and are reaching the point when
they will prove to the market place that their strategy and vision was correct!
Great job Guys and Gals!
Understanding the mining world would help demonstrate exactly what they have done in
such a short period of time!