TSX:LSG.DB - Post by User
Post by
Risktaker7on Feb 08, 2016 7:52am
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Post# 24534486
Hoping for second bid but
Hoping for second bid butThe termination fee will be hard to choke down at 57 million for any company to make a better offer but who knows who will step up to the plate-Gold corp or Franco.
A paper deal isnt too bad because it gives you alot of time to dump your shares if Tahoe shares drop below $11.66 or if you think gold proces will drop. I dont think Tahoe shares will increase much due to more share dilution for current THO shareholders but who knows.
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