TSX:LSG.DB - Post by User
Comment by
traps7on Feb 26, 2016 9:47am
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Post# 24598102
RE:Lakeshore Opinions Please
RE:Lakeshore Opinions Please...sitting on the outside looking in, LSG was building out a large gold producer hitting all targets and becomming cash flow positive seeing a gold price increase. The production was increaseing along with grade while exploration was hitting high grade with wide mining wds bringing down cost.. The mine complex was ripe for the taking seeing future cash on the balance sheet with a good safty record . Yes some here seen an increase while others still have a loss but the timming is whats questionable or illegal in my opinion. Tony mention in CTV news interview talks had been on-going for the last yr with Taaaaa,. so who's interest was best surved in this time frame while ongoing exploration was hitting big time with what we now heard from Tony in interview LSG likly has another mine seeing the continuity of drill results in latest 43-101 in house report. The 43-101 report release timming seen an increase in share price ,then halt with Tony saying don;T no why..........In my opinion,.this 43-101 was a company game changer in which all investors should have been notified of this potential new mine, but as we heard on-going talks with Taaaaa over the last yr in my opinion only Taaaa was recieving this information and not shareholders as we here Tony say we need more financing to open new mines...The timming was perfect for Taaaa to make this offer because of the currency exchange offering a 30 % discount too Taaaa..while LSG well help support Taaaaa "s balance sheet......so my Question would be..LSG finding another mine is a material change in the company which shareholders should have been notified and not just Taaaa...hurring to submitt a cheap bid for this multi-billion operation with million of ozof gold in a safe enviroment....without prejudice..Let The Drills Be Our Friends,. Traps7