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

Still Buying

[Psalm9012]

Can we have a couple rough quarters? - sure - but it doesn't mean we are going bankrupt. Might we have a roll back? - sure - but it doesn't change our NAV. The negativity feeding on itself presents a rare buying opportunity. I've seen it before. If we were a dotcom company, I would be worried but we're a gold producer. Still buying but my greatest problem is finding what else to sell to do so.

 

Perseverance will be rewarded.

 

Greg

[bulkbeef]

The negativity feeding on itself presents a rare buying opportunity.   A "rare buying opportunity"?   The 2 year chart for LSG shows the stock has been on a steady downward trend. Nothing "rare" about it.  Just trending further and further down, week after week, month after month, year after year.   I'm sure you would of said it was a "

[bulkbeef]

As I said before, smart money invests in the Management team first, the asset second.   There's a reason why investors have jumped ship over the past 2 years and completely lost faith in LSG.

[eduardo12]

ha yes exactly. Forgot to add that all 750 employees of the company are getting paid for doing ditto. Boy oh boy, what is this world getting to?   Relax people, financials out next week.. 

[dutchmann64]

I feel your angst Canbeam. The issue with Bank Analysts is that they are always making thier comments 'Just in the nick of too late". RBC had them targetted at 5.75 during the same time prame. Unreal!!!