TSX:LSG.DB - Post by User
Post by
stitch1956on Feb 01, 2016 5:49pm
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Post# 24514144
$1.40 Ceiling
$1.40 CeilingThere is roughly $100,000 in debentures that are exercisable at $1.40. Until the price of gold moves significantly higher--$50 to $100, I think the shares are unlikely to break the $1.40 ceiling. I would happily have someone shoot holes in this argument as I own the debentures.