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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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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 > Production & F/S Review
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Comment by basemetalon Nov 26, 2012 8:24pm
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Post# 20646528

RE: Production & F/S Review

RE: Production & F/S Review

>>"In my opinion, LSG management has to be hoping the convertible debt will be converted so they can avoid the return payment of principal. "

The convertible security does not mature until 30th September .2017.  Is there any repayment obligation before that date ? Moreover, cannot settlement, on redemption or maturity, be made in common shares at the option of the company ?

 

 

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