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



TSX:LSG.DB - Post by User

Post by lornon Jun 28, 2011 12:46pm
542 Views
Post# 18774524

.RE share price..IMO

.RE share price..IMO

IMO...Until Lakeshore begins to pay out dividends to shareholders they are not likely to have share price move up a whole lot.

Why would large funds hold a stock that pays them nothing for their shareholders?

Of course large funds can speculate on a stock just as us little guys do but on a much grander scale and when they decide to sell it can drive the share price down a good deal.

I just think that when Lakeshore produces income for large funds is when share price will find its true value.

There is no question that Lakeshore has the gold  but us little guys can not drive the share price with our buying at this stage of devolopment.

Lakeshore is no longer an exploration stock where share price can soar on good drill holes, course this does not mean Share price can not explode upwards on good drill results

Even us little guys will eventually get tired of waiting for share price increase with a new commericial gold prducer and sell out, just depends how long we will wait?  IMO  :-)

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