TSX:LSG.DB - Post by User
Comment by
goldhappyon Feb 10, 2016 8:56pm
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Post# 24546009
RE:hit by a bus
RE:hit by a busYou are not alone with yout thoughts Dutch. I am sure these very large fund managers will see through this deal and vote it down. Why risk this fine tuned gold producer for an operation conflict potential in a third world country. Not only would they be taking on risk they are not being compensated for that risk. This deal is being done in Canadian dollars at a very large discount to the US dollar. Tahoe is trying to scoop a best of breed low cost GOLD producer at below bargin basement dollars. I bin at this a decade and backed the board most of the time. I don't have the finacial power to block this deal. All I hope for is that the big boys vote no. Maybe another BIG DOG will smell free cash available. Bills all paid and huge exploration projects all run off the existing infrastructure. A little slower going but were in it for profit not charity. If this board wants out then get out and leave it with us the shareholders. Not that big a deal to hire another management team.
FFFUUUCCCC You tonnee