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

Solve LSG's financial risk --Barrick buys 51% of Fenn Gibb,

[yoda2]

Barrick would have to pay LSG two times the amount lsg has invested in Fenn Gibb in return for acquiring a 51% interest in Fenn Gibb . Note 14 of the 2012 Annual Report shows LSG has $37.5 million invested in Fenn gibb.

Would that mean Barrick would pay Lsg $75 million for 51% of FG and LSG would still retain a 49% interest? If so that would appear to be a potentially very attractive way for LSG to obtain the financing needed to eliminate the perception that it is financially very riskly. ?

There may be some "weasel" words in the note saying "excluding acquisition costs" .I wonder what that means and hopefully it is not significant..