TSX:LSG.DB - Post by User
Comment by
MetalsGuyon Feb 13, 2016 1:15pm
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Post# 24556007
RE:max for lsg
RE:max for lsg
The price of $1.71 was based upon the Tahoe price, at the time of of the deal, of $11.66.
If precious metals go up, Tahoe and LSG could both go up proportionately, and yes, could go to $2.00 and higher. Generally, Tahoe stockprice X 0.1467 = LSG stockprice.
Of course the deal could be voted down, as many feel that it is not a good one for LSG shareholders. This fact may negatively affect the price of LSG in the meantime. People don't like uncertainty. I have sold most of my LSG for this reason. I may kick myself later, but I like to sleep at night.
glta