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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 > Dividend would drive sp and long term investors confidence!
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Comment by LexMark747on Jun 28, 2014 8:16pm
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Post# 22703466

RE:Dividend would drive sp and long term investors confidence!

RE:Dividend would drive sp and long term investors confidence!A dividend at this point for Lake Shore Gold ( LSG ) would be suicidal. I have all the confidence i need at this point with LSG. If LSG was to announce a dividend I would think it would be time to exit. They are paying off debt with their cash flow which in my mind is more advantageous than paying a ridiculous dividend. Put the money towards debt and also another mill before wasting our money on dividends. Continue to build the company on our positive cash flow.
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