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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 > Tony Makuch Step Down
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Post by biglowe on Apr 22, 2013 2:57pm

Tony Makuch Step Down

Tony is a very smart man but the market and shareholders have no confidence in him. He needs to step down for the companys best interests and let someone else with a respected name take over. The share price would rally for a couple of weeks if the POG keeps heading back the way it is now. Sorry Tony, time to hit the bricks pal.
Comment by TedOwens on Apr 22, 2013 4:16pm
The bottom lines to the markets lack of confidence in LSG is the fact that they dont have the Capital Resrves in place in which to bring the full spectrum of deposit models in its posession to fruition. In order to acquire such financial reserves they would either have to finance heavyly in the open market (instutional investors are not behind this play) or the price of gold would have to ...more