TSX:LSG.DB - Post by User
Comment by
elmoreno68on Feb 08, 2016 12:36pm
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Post# 24535832
RE:GgoldCorp
RE:GgoldCorpJRaffles wrote:
It has been suggested that G may not bid for LSG, since they would have an interest via their 25% shareholding in Tahoe.
However, with a paper bid for LSG, G's interest via Tahoe would be diluted to, say, 15%.
With a 25% shareholding in Tahoe, G may be in a position to add this % to theri earnings. However, with an investment reduced to 15%, would probably mean that G would not be able to report earninss in their P&L.
G divested its stake in THO last year.
elmoreno