LSG's 463 millon shares outstanding was never a problemThe gold, market like the silver market, is so small compared
to the equities, bond markets, real estate markets and otc
derivative casino markets that when money comes from
them into the gold/silver era again, the 463 million is like
100 million, or nothing.
Production is what matters then, not shares outstanding.
Plus the humongous printed up money in the world makes
LSG shares relatively smaller compared to it, by probably a
factor of 3, which once again brings LSG's effective outstanding
shares down from 463 million to roughly 100 million again.
When look at both of those relative reductions of LSG's out
standing shares, LSG and most producing juniors like them,
are literally gold mines, using the term as the other meaning,
of being fantastic buys and to hold on to.
Which probably led many to believe that gold mines like gold
and silver coins, was safe haven and should be taken out of the
reach of the G20's plan to 'bail in', ie confiscate half the value
of peoples' bank accounts and portfolios, in case of a world
financial/economic collapse, in order to so call 'bail out' and
save nations and banking system alike by the confiscation
(theviery).
Meaning a lot of people are certificating their gold shares
and parking them at home out of the reach of 'bail in'
confiscation.
The system doesn't like that, and they are in confrol of financing
most junior to big tier gold stocks, and keep arranging
consolidations, mergers and buy outs, to keep forcing those
at home certificate shares, back to brokerages for sale or
name change, and hence access again to 'bail in' confiscation
of half their wealth.
The latter is the only reason I can think of why really good
producing gold mines like LSG are being consolidated, merged or
bought out. Because a lot of shareholders were certificating their
shares to be held at home, like gold and silver coins are, out of
the reach of the G20's 'bail in' confiscation, when the world
financial and economic system collapses.
https://www.google.ca/search?q=certificating+gold+and+silver+shares+to+be+out+of+the+reach+of+the+G20%27s+planned+bail+in+confiscation+of+banks+and+portfolios&client=opera&oe=utf-8&channel=suggest&gws_rd=ssl&oq=certificating+gold+and+silver+shares+to+be+out+of+the+reach+of+the+G20%27s+planned+bail+in+confiscation+of+banks+and+portfolios&gs_l=heirloom-serp.3...6249.6249.0.6903.1.1.0.0.0.0.0.0..0.0....0...1ac.1.34.heirloom-serp..1.0.0.pwNNS_Xru68 or if didn't convert properly
https://www.google.ca/search?q=certificating+gold+and+silver+shares+to+be+out+of+the+reach+of+the+G20%27s+planned+bail+in+confiscation+of+banks+and+portfolios&client=opera&oe=utf-8&channel=suggest&gws_rd=ssl&oq=certificating+gold+and+silver+shares+to+be+out+of+the+reach+of+the+G20%27s+planned+bail+in+confiscation+of+banks+and+portfolios&gs_l=heirloom-serp.3...6249.6249.0.6903.1.1.0.0.0.0.0.0..0.0....0...1ac.1.34.heirloom-serp..1.0.0.pwNNS_Xru68
or
https://www.maxkeiser.com/tag/bail-in/