TSX:LSG.DB - Post by User
Comment by
Bean_and_Dunnon Feb 08, 2016 4:35pm
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Post# 24537109
RE:RE:RE:RE:YOU NEED TO KNOW THIS ... make money off the LSG sale
RE:RE:RE:RE:YOU NEED TO KNOW THIS ... make money off the LSG saleSmells an awful lot like a Class Action Law Suit to me.
They have withheld excellent drilling results on the Whitney property until the very last moment.
Then here now are the 144 gap results. Lets have all the drilling results posted plus an updated reserve estimate before any share swap is put in place.
From what I have looked at so far in regards to Tahoe, they are not worth the present price of their stock. Lakeshore has $100,000,000 in cash and gold. This pile of cash is increasing by about $30 million per quarter. Their only debt is the $103 million of convertible debentures, so where is the risk of owning Lakeshore?
Then Lakeshore halts the stock to announce that nothing was going on. Say WHAT??
They told a big fat lie when they said that there was no material transaction going on.
So far this deal stinks to high heaven.
B&D
In my opinion common shareholders of Lakeshore are getting snookered in this deal.