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



TSX:LSG.DB - Post by User

Comment by idlefreebirdon Dec 27, 2012 5:01pm
356 Views
Post# 20775626

RE: RE: goldhappy here is our worst case

RE: RE: goldhappy here is our worst case

That my friend is the nature of the beast.The only way to stop that is if the majoraty vote NO. Take a look at Trelaney there last PP for 50,000,000.00 was over $5.00 and it sold out for $3.30 . The first private placement for 50,000,000 was for $2.50 I believe therefore they made a small return.Trelaney had 7 million onces plus.Prodigy just sold out for $1.07 a share for 5.9 million onces all in the M&I category. You hope you make it there so you can get your share price or market cap back up to par. Lakeshore should be close to 2 billion market cap.

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