TSX:LSG.DB - Post by User
Post by
BrahmaViddoon Oct 25, 2015 10:07pm
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Post# 24225662
Goldcorp-PJV will NOT buy Lakeshore
Goldcorp-PJV will NOT buy LakeshoreYou guys don't understand the disconnect between corporate Goldcorp and the Porcupine Joint Venture (PJV). Corporate Goldcorp purchased Borden Lake; it is 100% not related to PJV operations though the ore will most likely be trucked or transported by rail to the Dome mill. PJV runs the show in Timmins. They haven't spent a penny on exploration this year. Corporate Goldcorp really has no idea what PJV does in Timmins; basically brain dead. Lake shore is not appealing to PJV at all. It lacks reserves mostly and does not have the production level they are looking for. So PJV will never buy LSG.