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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 savyinvestor1 on Jun 25, 2013 11:05am

Stock buy back

If Tony and the board are truly excited about what is about to transpire...they should announce a share buy back program. It will send the stock soaring. At these prices they can buy back a lot of shares cheap.
Comment by materialsgirl on Jun 25, 2013 11:08am
where do they get the money for the buyback?  More debt?  Or? Mat
Comment by chapulin on Jun 25, 2013 11:13am
I have hopes and visions of a company that in the future will grow by being smart and creative. A company that can buy back shares. A company that can expand their mill and then lease out unused capacity to neighbours or use others to expand the mill for them. A company that can make smart joint ventures and acquisitions. A company that can  pay dividends. A company that can hedge when gold ...more  
Comment by BrahmaViddo on Jun 25, 2013 9:20am
Keep dreaming !! LSG will do none of those things HAHAHAHAHHA
Comment by goldhappy on Jun 25, 2013 5:22pm
A stock buy back at 28 cents is quite doable. 1 millions   = $280,000 10 million   = $2,800,000 100 million = $28,000,000 I think this might be one of the best ideas possible. Do some now while it is cheap. Yes a bit of finacial shuffeling would be required. In fact buy back half the shares now for about $60 million bucks. This company stands to produce 150,000 oz next year and ...more  
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