Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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



TSX:LSG.DB - Post by User

Comment by rockhound73on Nov 03, 2010 2:50pm
307 Views
Post# 17652432

RE: RE: RE: RE: RE: RE: RE: RBC IPO

RE: RE: RE: RE: RE: RE: RE: RBC IPOHarjay,
I agree that that is what you say your broker told you, and that what has happened in the past is not necessarily what will happen in the future.
You could be right that HOC put a restriction on where the big three could initially sell the shares, and perhaps LSG agreed with that condition, although it seems implausible.
There appears to be no restriction on US citizens or corporations owning LSG shares.  Agreed?
If your information that the big three bought 109 million shares at $3.60 with a sales restriction to one tenth of their market then they must have thought they were a pretty good deal. No? Moreover, if you are correct about a sales restriction, maybe the big three are smart enough to arrange a three way deal (causing a few minutes of delay) so that the shares ended up in US hands anyway.
Time will tell.
Bullboard Posts