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

RE:RE:RE:Is LSG overvalued??

[yoda2]

harjay you note that "Institutions seem to have 150M shares out of a float of about 400M "

and while that may seem a significant proportion, the fact that this is spread over twenty insititutions lessens the amount of oversight and attention these institutional investors place on LSG.

the concern has to be that with a weak board of directors(they own very few shares) and little concentrated institutional ownership, no one is adequately holding management accountable for looking after the best interessts of the shareholders.
This has to have a negative effect on LSG's performance, its earnings per share, its share price and  the level of interest other instititutions would have in investing in LSG(or in increasing their current smaller investment).

there seems to be clear signs that the current management, the board of directors and the professional investors: are not focused on improving the returns earned by shareholders.

And this keeps the value of LSG shares low.