TSX:LSG.DB - Post by User
Comment by
bigdaddycashon Aug 15, 2014 10:29am
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Post# 22845945
RE:RE:RE:RE:Convertible Debenture
RE:RE:RE:RE:Convertible DebentureWith LSG generating excess cash and the limited (economic) prepayment privileges on both the gold linked note and Sprott line perhaps it makes sense to buy back some of the debenture on the open market – especially on gold down days like today? Not only would this reduce interest expense but it would prevent future dilution. Anyone ever talk to LSG about this possibility? Beats having the dough sit in a bank or other short term investment IMO. Can LSG buy back the debenture in the market?
gltals