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



TSX:LSG.DB - Post by User

Comment by DubaiUAEon Nov 22, 2011 2:05pm
504 Views
Post# 19258176

LSG is $2 billion company

LSG is $2 billion companyGreetings from Dubai.
Please explain to me the current SP because it makes no sense. 
Based on the known reserves + POG this is a $2 billion plus company;  that translates into $5.+ a share (min). The current SP makes no sense and is unquestionably unrealistic and out of sink with reality IMO.  Am I missing something here?  Who (not what) is responsible for the current SP? Please do not tell me it is market conditions! 
Thank you in advance.
DubaiUAE
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