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

Metals & Mining Gold

TSX:LSG.DB - Post Discussion

LAKE SHORE GOLD CORP 6.25 PCT DEBS > Re....Why?....
View:
Post by lorn on May 08, 2013 8:03pm

Re....Why?....

Why would Sprott and Franco Nevada invest millions upon millions in a company who can not repay debt.I have to assume that the people running Sprott have seen Lakeshore mining plans, know the grade of stopes, know how many oz's they have in the ground and made the decision that Lakeshore has the colateral to repay loans.  I don't blame Lakeshore management for MY decision to not sell a 4 bucks a share.I just can't believe that the people running Sprott and Franco are stupid.  What did they see that convinced them to loan millions to Lakeshore??
Comment by 1705493 on May 08, 2013 9:04pm
Sprott's commentary here, https://investmentwatchblog.com/are-we-on-the-verge-of-witnessing-the-death-of-the-paper-gold-scam/ might provide the answer.   Shoot, I didn't know HE was a billionaire,,, kinda makes you wonder why he still bothers. The answer is that he didn't get there by being a wuss. He is in tune with whatreallyhappened.com and knows what's coming. Fiat is ...more  
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