TSX:LSG.DB - Post by User
Comment by
dogwagon Aug 17, 2012 2:30pm
371 Views
Post# 20230524
RE: Tony Makuch must go!
RE: Tony Makuch must go! Did anyone here think that Tony really does not want to use the loan facility with SPROTT at a minmum of 15 to 18 % or higher based on the gold price.The more of this he uses means the less of the 70 million of Sprotts high interest money he will use.6.5 % is better than 15 to 20% and no TONY is no dummy as some people here think.They will have 90 million plus 13 million over alotment so 103 million and may not have to use any of sprotts money and that would be a good deal for LSG.There are always two sides to the story.For the next two years they can only excersise at 130% of $1.40 which is $1.82.That is a double from here so I am back in as this is a no-brainer investment.The banks are paying 1% so I,ll take 50 or 100% thank you very much!!!