TSX:LSG.DB - Post by User
Comment by
goldeagle1on Jul 17, 2014 1:15am
376 Views
Post# 22753765
RE:RE:RE:RE:LSG GOLD Price Here Is The Roadmap To fiat$1000.-/sh +++
RE:RE:RE:RE:LSG GOLD Price Here Is The Roadmap To fiat$1000.-/sh +++
India Sees Gold Imports Surge 65% In June
July 16th, 2014
Read more at
https://investmentwatchblog.com/india-sees-gold-imports-surge-65-in-june/
Lake Shore Gold Corporation (AMEX:LSG) Map To Fair Market Price
& Higher Highs LSG Share Prices -
Holding the certificate insures your ownership DEED of that stock -
If NOT - they do not need to "confiscate",
You are a creditor of the bank.
The money you put in the bank or the stock is not yours
after it enters the door of the bank.
The bank just gives you an IOU
Small creditors are the first to loose when things go south. Remember banks never loose.
Holding the certificate DEED insures your ownership of that
stock and NOT the banks ownership -
exactly what rallars said -
NOT hold it in any street name -
You DON"T own those shares.
Your brokerage does and they can do anything they want with them.
You only have computer entry with them, that's it.
Many things can happen
if you are day to day trader and if you buy and sell
many times per day, it is fantastic tool,
but if you are long...
rallard, if I understand you correctly, you're saying that if I deposit shares in a bank
they do not have to pay me back the shares?
They simply give me an "IOU", which they have no obligation to honor?
And if the bank goes bankrupt, their creditors have no obligation
to honor the share agreements in the accounts that hold the shares?
Is that what you're trying to say?
"Remember banks never loose"
They would seeem to if they were bankrupt and unable
to pay back creditors.
baranja, you say, "Many things can happen".
Could you describe a scenario in which you would
no longer be able to do
what you wish with those shares held by a bank
for your convenience?
thanks
Even worse, if the financial institution that has control
of your shares,
they can short your company..........
But thats the price we pay for instant liquidity, if you
take possesion
it takes more time & money to buy & sell..........
good for longer term holds..............
Not all financial institutions are equal
Insolvent bank....
MF Gloal scenario,
how about Maddoff,
Great depression colapse,....
Or just simply.. "here is cash, ..no shares for you,
sorry about inconvenience.."..
Can this happen,.. maybe.. who knows.
Holding the certificate DEED insures your ownership of that
stock and not the banks - and the banks can NOT use
your shares for short selling -
get your share certificate
if you want HIGHER SHARE PRICE and
become a LSG Long TEAM member -
Thanks in advance -
Read more at https://www.stockhouse.com/companies/bullboard/t.pg/premier-gold-mines-limited#J70O9uF1BJ8YfEYI.99
LSG cash operating cost US$570/oz -
(1) per ounce sold of in second quarter 2014 ("Q2/14"),
37% improvement from US$908/oz
Preliminary in second quarter 2013 ("Q2/13")
https://www.lsgold.com/Investor-Centre/Press-Releases/Press-Release-Details/2014/Lake-Shore-Gold-Reports-Preliminary-Second-Quarter-Costs/default.aspx
LSG @ $4.25/sh produced way less than 1/2 the current Gold production -
LSG road to $100 next -