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Bullboard - Stock Discussion Forum LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

TSX:LSG.DB - Post Discussion

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Post by HARJAY on Oct 19, 2012 4:13pm

Question ??

If this co.  is dead money for the forceable future, then why would it trade millions of shares every day and have very little movement Yes i know its been downward from  a $1 lately but since early April its been in a trading range of $0.80 to $1.05 or so  and has traded a lot of shares every day. Is this just become a day traders vehicle or has the  price been kept in this trading rage for the last 6 mths so that an accumulation can be accomodated for the big institutions who when they decide will move the  S /  P when convenient for them.After all there is no denying that they do produce gold and that production will continue to increase. How does this production and future potential   production compare to other co's productions taking into consideration the size of the float in comparison and the S / P of those  other co's that can be compared on an equal basis.

Hope my question is  understandable  and makes sense.

Best

HARJAY

Comment by Hockeynut2 on Oct 19, 2012 5:27pm
Hi Harjay. I'll take a quick stab at answering your question. For me, it's all about management. 2 years ago LSG, SGR and GCM all had a higher SP than BTO. They all produced about the same and they all have similar shares outstanding. The difference has been that BTO just keeps on meeting their goals and is now  debt free, profitable and growing. The other 3 have all over ...more  
Comment by HARJAY on Oct 19, 2012 6:14pm
Hockeynut2 Thank You for that  analysis and comparison.As i said in  a earlier post a few weeks back the IR person  I  spoke to said LSG will have a overhang over  the next qtr  or so from the past problems but then it should be on track and meet expectations from then on so your comment about beating expectatons is what  we can  look forward ...more  
Comment by michelleb33 on Oct 19, 2012 8:00pm
I have been watching this stock for a few years now and Harjay is right. You would have to be a fool not to buy at these levels.Gold went below 1720 today and came back a wee bit over it. Thats the resistance.Good sign that it bounced off of it.Crazyinvester of posts back has management bought at 75 cents.This I know. Come monday or tues this will be back mid 80s.Dont hear to much of ...more  
Comment by jjeerryy on Oct 19, 2012 10:31pm
Question: How do you spell foreseeable?   Had to have fun with that spelling error HARJAY, ;)
Comment by HARJAY on Oct 19, 2012 11:20pm
Oh thats OK. I ask my wife to spell words for me sometimes when i'm writing  because  i have a mental moment every once in  while and just quite can't  remember how to spell  some words.We are both university educated so its not like i'm a illiterate. My spelling is not the issue here imnd you, is it ??? Best, HRJAY
Comment by jjeerryy on Oct 20, 2012 10:50pm
No your spelling was not an issue, I just thought to have fun with it, that I am possitive (as I spelled it in a message board just prior to your spelling error).
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