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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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



TSX:LSG.DB - Post by User

Comment by dogwagon Sep 22, 2011 5:35pm
551 Views
Post# 19073969

RE: Selling pressure

RE: Selling pressureThis is some info. from Timmins,First of all PRB is almost 160 kilometers from Bell Creek mill so no hauling from Borden Lake.Secondly Tony holds well over 3 million shares of LSG.Thirdly they will produce Approx. 26,000 ounces this quarter at close to( 4.5 GPT  x 180000 tonnes of ore divided by 31.1) (grams per ounce)They are in the doghouse at present and the 3rd quarter fund restructuring and the over all market conditions have resulted in a bargain of the year share price for LSG.We could definately be looking for a takeover from Goldcorp at these prices.The market cap is $675 million dollars with at least 6  ,maybe  8 million ounces by year end worth approx.10 billion dollars.Majors are not run by stupid people so Tony,s biggest problem could be a takeover.
Bullboard Posts