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

RE: RE: Undervalued stock

[JRaffles]

Your quick analysis in bullet #1 does not accurately reflect their leverage, as the short-term debt is not included.
Read more at https://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=31827987&l=0&r=0&s=lsg&t=LIST#6edGG6thvycqzSeA.99

That’s interesting – if the short term debts are not in the 2012 Q3 balance sheet, then neither can be the cash that was advanced for the debt – both should be in or both out of the balance sheet in normal accounting practices here in the UK. Perhaps Mark Carney can assist the BoE in disappearing some of the UK’s short term debt.