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

GDXJ

[sens93]

With GDXJ adding LSG to their ETF, they have bought 55M shares since Jan 1 2014. As this is almost 12% ownership, how much has the rise in LSG been attributed to these purchases?

[quebecnord]

This post has been removed in accordance with Community Policy

[idlefreebird]

sens93 , not saying this isn;t so but usualy a company or a fund needs to declare in writing when they have purchased more than 10% of a company.We might need to do some research . GLTAL

[bigdaddycash]

they have.  this info is on Sedar website.  the company is Van Eck.

[Mongoose123]

Van Eck's Junior Gold Miners ETF "GDXJ" have not added 55 million shares of LSG to this ETF since January 1, 2014.  Van Eck started the "GDXJ" ETF in November 2009.  At that time Van Eck purchased LSG shares and the value of of these LSG shares represented 1.78% of the ETF's overall value. Since that time Van Eck have added shares of LSG and by the end of 2013

[idlefreebird]

Moogoose123 , thanks for explanation was pretty sure about the 10 % thing .This is all good as Lakeshore is looking very good here , hang on for the ride my friends as the next year has many surprises.GLTAL

[sens93]

Morningsta shows the position as new, as of Feb 2014. https://quote.morningstar.ca/Quicktakes/owners/MajorShareholders.aspx?t=LSG&region=CAN&culture=en-US