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

TSX:LSG.DB - Post Discussion

LAKE SHORE GOLD CORP 6.25 PCT DEBS > goldhappy here is our worst case
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Post by idlefreebird on Dec 27, 2012 3:45pm

goldhappy here is our worst case

scenario.Lakeshore ouput at 5500 tpd at 4 gpt for 250,000 onces a year until Fen Gibb adds another 300,000 onces a year .Therefore 550,000 onces a year not bad for a small cap ha ha . GLTAL p.s. yes this would be 5 years down the road for the 550,000.
Comment by geoffs13 on Dec 27, 2012 4:33pm
i HOPE EVERYTHING YOU SAY IS TRUE BUT WHAT STOPS A TAKEOVER AT SAY $2.50/SHARE AND THEN ALL THE $4.00 INVESTORS ARE DEAD BECAUSE IT SHALL BE FOLDED IN WITH A LARGER ORGANIZATION AND THE REAL BENEFIT SHALL BE LOST
Comment by idlefreebird on Dec 27, 2012 5:01pm
That my friend is the nature of the beast.The only way to stop that is if the majoraty vote NO. Take a look at Trelaney there last PP for 50,000,000.00 was over $5.00 and it sold out for $3.30 . The first private placement for 50,000,000 was for $2.50 I believe therefore they made a small return.Trelaney had 7 million onces plus.Prodigy just sold out for $1.07 a share for 5.9 million onces all in ...more  
Comment by geoffs13 on Dec 27, 2012 9:09pm
THE REAL PROBLEM IS THAT DISCOVERED GOLD IN THE GROUND IS GOING TO CHEEP COMPARED TO WHAT IT IS WORTH IN THE BRICK FORM .IN TIME THIS SHALL SHUT DOWN DISCOVERIES ETC.  
Comment by goldhappy on Dec 27, 2012 10:27pm
geoffs13...that is why I would like to mortgage the farm. It would guarantee some early wins at $2.5 and hold out for at least $4 bucks unless LSG gets taken out. The long run .....$10 ??? Maybe a chance to cash in on Florida like idlefreebird suggests. Life would change as I know it.
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