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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 > News
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Comment by goldhappyon Mar 13, 2015 9:56am
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Post# 23517629

RE:RE:RE:RE:News

RE:RE:RE:RE:NewsA few weeks back it was mentioned the debentures cost a $1.4 plus a premium to bring the total price to somewhere near $1.82 for LSG to buy them. I ask a question and suggest LSG might be able to start a share buy back equal to the number of debentures. Some of them would or could be bought up on the cheap right now. Let the debentures dilute the company. This way they have somewhat total control. I know it dilutes but the shares would belong to all of us so to speak. The shares may increse in value over time and applied to a capital investment.Interested in getting a guru to comment. Thanks
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