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

The real question

[Golfcar72]

I think the real question that everyone needs to ask themselves at this point is not WHY they got financing, but HOW they continue to get financing.  Something really is not adding up at this point.  Their last financing should have been the Franco-Nevada, but then we got Sprott, and now this.  Even if this is to extinguish the older debt, there is still $25 million new on top.  What the h-e-l-l is that????  Can we get positive cash flow, or at least the inkling of it?  The dilution in 2015 basically means that LSG has more gamble on three years to get positive cash flow signiicant enough to extinguish the rest of their debt and start a share repurchase.   But, for the rest of us it basically reminds us of why gold is always better than shnitty gold stocks.  They take FOREVER to grow....

[razzss]

Good question!   It's also "who's" pulling TM strings for past 2 years...someone is!  West end attracting more and more attention (as mentioned with Franco Nevada, Sprott plus Premier Gold Royalty), more heavy financial backers entering surrounding area as well.   It's been known that LSG will not build a mill in the west end but "

[geoffs13]

Should LSG not provide a exhaustive cost analysis as to why they did the new financing and a benefit analysis lets hope Tony has LSG best interests at heart