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

Metals & Mining Gold


TSX:LSG.DB - Post by User

LAKE SHORE GOLD CORP 6.25 PCT DEBS
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Comment by basemetalon Mar 17, 2012 3:05pm
507 Views
Post# 19685368

RE: RE: TO TIMMINS POSTERS

RE: RE: TO TIMMINS POSTERS

"..... but LSG is still too highly valued".

Please explain your meaning.

TD last reported on LSG just after the latest PEA of Timmins West was published.  AT that time lsg had a price of $1.67, but it was the cjeapest in their universe of juniors, trading at only 58% of its NAV as calculated by them.  The current price of $1.22 is only 42% of NAV.  Is this "too highly valued" ?

 

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