Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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



TSX:LSG.DB - Post by User

Comment by bigdaddycashon Sep 04, 2015 11:12am
208 Views
Post# 24078884

RE:RE:RE:Debs & Low SP

RE:RE:RE:Debs & Low SPoffering a single holder would be a securities violation - if they want to purchase back debentures they need to do it on the open market via a normal course issuer bid (formal notification).  Not saying that they could not do it through a shadow entity but it would be a security violation still and LSG would never do this.  there are reasons why they have the 130% clause - why would LSG continue to pay interest on the debentures if they was a very high probability the holder would convert?  this is why they have the clause - so that deb holders do not simply wait until the maturity date to convert and have the benefit of the interest payment too.  gltals....
<< Previous
Bullboard Posts
Next >>