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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 smittigator on May 09, 2013 9:25am

change of hands

keep an eye on AR - argonalt - they are using lsg as their template for mining plan for their 100% owned prodige mine north of wawa.  these people have deep pockets, match lsg's production and have the strength and money to make a take over bid. It is AR intention to make a large stand in ontario's mining sector as well as their strong position in mexico. dont be shock if something comes down the pipe, quickly and without notice. take this information with open eyes, clearly an observation
Comment by geoffs13 on May 09, 2013 10:42am
If a possibility ,guess at take over price .I say about a buck shall do it .WHAT A STEAL
Comment by geoffs13 on May 09, 2013 10:43am
If If it happens we can thank SIR TONY who shall be well rewarded and retire to be a consultant .
Comment by rajags on May 09, 2013 10:51am
$1 sounds about right to me, if only because fewlong term holders will want to sell at anything lower than that. That sounds great to recent buyers but it's a kick in the teeth to the long term guys, hoping for eventual recovery to around $3.
Comment by bulkbeef on May 09, 2013 11:47am
Don't count on a takeover.   Every junior out there has been crossing their fingers for a takeover the past few years as prices have plumeted, but takeover activity has been very minimal.   Highly doubt it will happen for LSG.  Expect more of the same in terms of declining share price as more and more investors hit the sell button and head for the exits.   The tax ...more  
Comment by geoffs13 on May 09, 2013 12:21pm
Forgot about------ TAX LOSS SELLING --------ouch--ouch ----we may be sold for less than 1 cent /share .
Comment by HARJAY on May 09, 2013 1:03pm
Tax loss SELLING SEASON  is   7-8 MTHS away. You wouldn't be trying to put negative  thoughts  into the  minds of people at this point in time  would you ?? There is nothing like trying to lay the foundation for a self fullfilling prophecy,  What happens if  over the next 6 mths.  LSG has improved production as well  as   ...more  
Comment by geoffs13 on May 09, 2013 4:08pm
Harjay----I like your positive verbage but but but something has happened that we have not been told about ,can we trust Tony to tell us the truth ????As investors we are in the dark ,now we hear the mill is nowhere complete to process the added volume or some other problem ,they are having trouble understanding the ore body at west timmins (West Timmins Property) grades are lower than expected ...more  
Comment by HARJAY on May 09, 2013 5:20pm
geoffs13 Can you provide us where you heard that the mill is mowwhere near complete to process the added  vol. Also  I thought understanding the ore body was a past problem  and had been rectified. Could you kindly clarify your comments please. Believe me ,  i am just as anxious for this co. to be successful as anybody else and have been just as dispappointed ...more  
Comment by idlefreebird on May 09, 2013 5:56pm
Harjay , don't get confused tax loss selling is at anytime of the year as long as you stay out for 30 days.This as I mentioned before is a perfect time as the saying goes sell in May and stay away.Lakeshore is going through bumps as the gold price isn't co-operating and moves are being made to accomodate , as of yesterday I heard from a drilling company that they have been ousted from ...more  
Comment by HARJAY on May 09, 2013 7:17pm
idlefreebird Yes, of course you are correct about tax loss selling season can be anytime. Prudent if yoU can create losses to offset capital gains you might have in other equities. Mind you i don't know if many people have many  gains in the last. or so. ( don't know if people realize this )people might have gains from a lot of small trades making small amts of profit  ...more  
Comment by geoffs13 on May 09, 2013 10:14pm
Harjay it was a poster who said the mill was not completed according to pictures of the mill and it was common knowledge that the ore body was not as they had planned and not as good as expected 7-8 g/t now down to 4-5g/t but volumn could make it up ,now the mill is not up to snuff.It is just one problem after another .Its hard to believe anything you hear ,thats why  I shall be listening ...more  
Comment by goldhappy on May 10, 2013 5:59am
Geoffs13...On my previous post I was trying to speculate why LSG stock is falling to these current levels just before the May 15 annual mtg. My statement was my best guess and not inside knowledge. I just remember looking at the LSG photos of the mill progress in the very cold weather and thinking it seems like a lot of hook up and testing is required to bring this mill on line. If you ever built ...more  
Comment by geoffs13 on May 10, 2013 8:35am
goldhappy--------I CAN ONLY HOPE AND PRAY THAT YOU ARE CORRECT FOR MY GRANDCHILDREN IN ABOUT 18 YEARS LETS HOPE TONY GETS THE PROBLEMS SOLVED BY THEN .No rush .Lets hope we all live long enough .I never knew it takes so long to build a mill .NASA put men on the moon in less time .
Comment by goldhappy on May 10, 2013 9:51am
Geoffs13...Timmins is a long way from specialized suppliers. Building a mill requires specialized equipment and the talent pool to make the installation. I'm not defending the forecast timeline but not everything is management wrong decision. Contractors make unrealistic forecasts to secure contracts. Perhaps LSG got caught up in one of these deals???
Comment by prioris on May 10, 2013 4:17pm
Talking about NASA, In late 90s, Astronaut Grissoms family charged that their father was murdered. One of the NASA investigators broke 3 decades of silence and corroborated the evidence and cover up.
Comment by geoffs13 on May 10, 2013 5:59pm
Can you provide more details very very interesting ---MURDERED --------WHY
Comment by prioris on May 10, 2013 6:41pm
the reason can only be speculated at this point. i know nasa lies to the public about a lot of scientific stuff but i never paid much much attention to astronaut related stuff. the interesting stuff is happening in the secret space programs with way more advanced technology and involving aliens. we are just like mushrooms. they sprinkle us with manure and keep us in the dark.  
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