LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

Smelter deal?

[Golfcar72]

https://www.theglobeandmail.com/globe-investor/investment-ideas/todays-small-cap-stocks-to-watch/article4367640/

Am I just mis-reading this, or did Lake Shore enter a deal for selling a NSR on Thunder Creek?

[jjeerryy]

Here is the news release on it, read down to the section about a reverse takeover: PRESS RELEASE FROM CNW GROUP Premier Announces Additional Cash-Flowing Royalty Purchase Agreement By Its Subsidiary Premier Royalty Corporation Monday, June 25, 2012 /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THEUNITED STATES./ Shares Issued: 138,352,462 THUNDER BAY, ON,

[goldhappy]

Selling a net smelter return almost seems like desperation. It seems like a lot of paper work and one more piece to a jig saw puzzle. Why complicate matters. Break the muck,tram the muck,hoist the muck,process the muck,sell the gold,distribute the wealth to the "SHAREHOLDERS". Why bother fooling around with 7 million dollar deal in a multi billion dollar project. Again... it seems a

[x_plorer]

The way I read the Premeir release, Premier bought an already existing royalty on the Thunder Creek property from another entity.

[goldhappy]

x_plorer...that's what I thought I read. It was not an easy read for my abilities. I do agree with your take. Perhaps I read too much into this deal. I am very leary of what Tony is up too these days. Missing on the mill expansion is a big deal to me. The way it was delivered made it sound like they were going to get tha bonus check for making 100 K oz this year. I was sure we would get a nice

[goldhappy]

The last line of the post should read I will eat the previous post. Too fast from the hip.

[jjeerryy]

A lot to think about in the statement: "Premier continues to explore various alternatives for a going-public transaction of Premier Royalty, including a reverse takeover transaction."   Premier Royalty wants to become a publicly traded company?  They could do a reverse takeover of Premier Gold?  Or could they do a takeover of LSG and then rightfully own the trading symbol,

[shawk]

Who cares?