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

TSX:LSG.DB - Post Discussion

LAKE SHORE GOLD CORP 6.25 PCT DEBS > Lake shore Gold Corp should really think about a merger
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Post by 8gramsplus on Dec 24, 2014 8:15pm

Lake shore Gold Corp should really think about a merger

IMHO 
  Lake Shore Gold  should consider  merging  with  Rubicon Minerals ( RMX )
 two  historic Gold camps together in one  company  like  Goldcorp.

 RMX  when  start up completed ,  similar   HG  mine  ,   OZ"S  production etc,
huge land  Mass in  red lake.
500 million tax credit ,

together   New co ,would be  a strong midcap  producer,in  safe mining  jurisdiction
both with  solid growth potential and huge blue sky exploration

Lakeshore can be  proud of  the last  four quarters  and  the pay down of debt.
Now aggressive   exploration   2015,  a very strong  positive.

But Lakeshore should take the intuitive and    open  discussion with  RMX
for a  really positive  growth  model of two juniors into  one great mid cap  in 2015/16

before some other  company takes   LSG or RMX

j  my wish  list  for 2015

 well done management  on 2014. great   karma  for  2015

 thank you GDXJ for  dumping    LSG And RMX

allowing  me and many others  to  accumulate a  sizable  position  in  both  superb  companies
1 + 1  + 3   here

 
Comment by ossyw11 on Dec 26, 2014 9:43am
I give it 60 days.  With the recent acquisition of 6% of the company by an "unknown" buyer and several majors now actively looking at their data room, the only thing standing in the way is an acquiror's reasonable confirmation that they can significantly extend mine life.  Seasoned mining geologists familiar with the mining camp have already made this determination based ...more  
Comment by rollon on Dec 26, 2014 10:05am
I agree completely. Based on current operations there is virtually no downside. All we have to do now is wait for the upside.
Comment by geoffs13 on Dec 26, 2014 11:23am
This was all discussed before ,GOLDCORP OWNS A LARGE LARGE WACK OF SHARES ,NOTHING IS GOING ANY WHERE WITH OUT THEIR APPROVAL .
Comment by idlefreebird on Dec 26, 2014 12:35pm
geoffs13, sorry bud but your info is wrong.goldcorp owns a little over 10,000,000 shares but the do have 2.5 % royalties on gold from Bell Creek area after the first $ 6,000,000.00 .glta
Comment by idlefreebird on Dec 26, 2014 12:54pm
i'm wrong lol even less as I went omn memory.Here. Consideration for the transaction totals $20 million, including $15 million of cash and 1,596,023 Lake Shore Gold common shares. The PJV has obtained a 2% net smelter royalty relating to any future production from the acquired properties. In addition to the 1,596,023 shares of the Company received by Goldcorp through the Bell Creek West ...more  
Comment by idlefreebird on Dec 26, 2014 1:01pm
this was aquisition of Bell Creek in 2007. TORONTO, ONTARIO--(Marketwire - Dec. 18, 2007) - Lake Shore Gold Corp. (TSX:LSG) ("Lake Shore" or "the Company") has finalized the acquisition of the Bell Creek mine and mill in Timmins, Ontario from Goldcorp Canada Ltd. and Kinross Gold Corporation. The acquisition includes the Bell Creek mine property, a hoist, headframe and ...more  
Comment by geoffs13 on Dec 26, 2014 1:06pm
10,000,000 shares is a wack of shares ----NO
Comment by sens93 on Dec 26, 2014 1:24pm
Certainly not enough to stop another company from acquiring LSG.
Comment by idlefreebird on Dec 26, 2014 1:25pm
They don't even got 10,000,000 and no that's no much as you need 43,500.000 to own a 10% holding.They are way off the mark as being a huge shareholder.This doesn't mean that they can't buy us out though. GLTAL
Comment by 8gramsplus on Dec 26, 2014 1:31pm
 "G" owns stock " ABX "  owns stock , both from  past  deals together  not  equal  to what trade last week hardly deal breakers  the point is LAKESHORE Directors and  senior management  should   be planning  advance   forward thinking  to  serious growth / A merger with  RMX would be a   good ...more  
Comment by idlefreebird on Dec 26, 2014 1:51pm
8gramsplus , they not need to add these types of aquisitions as the Fenn Gibb in itself hold what Probe has and it is low cost open pit .Lakeshore would be just diluting us more.There problem isn't gold as they have more then enough , they need cash to get the systems in order.Lakeshore needs  $ 130,000,000.00 for shaft extension to depth at Bell Creek for a top up of mill to 6,000 tpd ...more  
Comment by 8gramsplus on Dec 26, 2014 5:00pm
wow  , extreme numbers you use Im not writing about Probe  low grade, but  the potentail their new discovery  and new land mass FENN Gibb and PRB   both low grades will never see development in   -1200  gold an probe was example "B" RMX is  Number 1 in MHO you suggest  LSG needs 130 million ?  for shaft extension an top up mill to ...more  
Comment by idlefreebird on Dec 26, 2014 5:53pm
I hear ya for there high grade but it is under 2 million onces with more potential i agree, but you still need a mill for that resource as it is 2 hours away from Timmins not feasible to truck here.Lakeshore can spen there money on drilling 144 3 klm trend and willcome up with same or more onces.Let's see what gap zone brings and then we can go from there lol.Golden River is another resource ...more  
Comment by 8gramsplus on Dec 26, 2014 9:11pm
I really respect your wisdom ,and for certain  your are well tuned into  the mining camp of Timmins regard PROBE discovery I was never thinking  Trucks , more like RAIL  lets move volume at low cost . just  like mountains of  coal is done. I am not suggesting  tgat LSG cant continue growing  their foot print around  Timmins camp Im lookin ahead to ...more  
Comment by 8gramsplus on Jan 19, 2015 10:35am
I guess  Goldcorp has room at the mill I wish LSG  an PRB got together PRB , 12 rigs working G cut off potential  news  bought really   cheap   as time will prove
Comment by Timminsgold on Dec 26, 2014 2:03pm
"wack of shares" this is a large wack of shares in a take-over quest. If someone is warehousing shares for an acquirer, they will no doubt have an agreement with G.C. if an offer is to take place. LSG has signed a # on N.D.A. and they know who may sizing up the company!
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