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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 str8cndian on Apr 24, 2013 11:24am

Bankrupt?

If the price of gold doesn't go up these guys will be operating at a loss,,  as the sp, falls to a new 10 yr low.....  this is ridiculous,, never imagined this historical day would come..  they must b going bankrupt.
Comment by behinde8 on Apr 24, 2013 11:36am
Everyting over the past couple of days is pointing to insolvency.  with the price at 37.5 now and gold not performing too badly in the past few days this bodes for a company in serious trouble.  I honestly do not think LSG will be around come AGM time.  A sad sad story and the BOD can blames gold prices and everything else but the demise of this once great company started ...more  
Comment by maurizion on Apr 24, 2013 11:40am
Unbelievable. Six million ounces of Gold worth F%%f all.  
Comment by andre20 on Apr 24, 2013 11:44am
huge sell off right now!   glta, andre
Comment by behinde8 on Apr 24, 2013 11:47am
With tears in my eyes I just pulled the trigger and sold 82,900 shares at 36 cents.  Back to the workforce for another few years I guess.  Sorry Goldhappy I just could not continue with the anguish.  At least a weight has been lifted off my shoulders now
Comment by Psalm9012 on Apr 24, 2013 12:32pm
behinde, You're response is the very reaction intended by this "bear raid". The high volume cross was likely used to unnerve already worried investors and force a capitulation. I think the bottom is likely in now and after the AGM we will never look back on such prices. Believe you me, we all feel like selling - but don't trade on feelings  rather ...more  
Comment by ossyw11 on Apr 24, 2013 12:45pm
The fundamentals are there for this company now and in the long run.  At these levels its a table pounding buy.  I bought his shares as well adding to a significvant position.  
Comment by bulkbeef on Apr 24, 2013 4:53pm
To think that 2 years ago at this time this stock was trading over $4.20 a share.   It's lost over 90% of it's value since.   I think the tax loss selling this december is going to be epic.... just epic.
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