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

RE: RE: RE: RE: RE: $90 million debt - Silver lini

[basemetal]

Thanks Golfcar.

You insist that the holder's option is not exercisable until Sept 30th 2015 and state that this is in the Aug 17th press release which you quote at full length.  I do not see it.  I DO see this:

 

"The Debentures will be convertible at the holder’s option into common shares of the Company at a 

conversion price of C$1.40 per common share. "

 

The Convertible debenture market is dominated by hedgers who might short the common. I believe their ability to convert the the debenture is important to this purpose, and it is therefore important to all holders of the common stock, I believe.  Would you please quote the  specific sentence from the Aug 17th NR ?