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



TSX:LSG.DB - Post by User

Comment by bosseon May 01, 2012 10:16am
457 Views
Post# 19856047

RE: Half of a Billion shares outstanding

RE: Half of a Billion shares outstanding

Complete non sense to speak of reverse split...This will never happens.

If a company like Iamgold is willing to pay over 600,000 000 million for a deposit with a grade of 1 gr/ton (TRR) what do you think LSG has to offer with Fenn-Gibb alone deposit for a potential buyer.Fenn-gibb deposit seems to show a better grade and tonnage will increase taking into account this morning result.

In my mind Fenn Gibb  is a wild card and coud be very usefull for further development.

 

So forget the reverse split

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