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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 > What happened today?
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Post by Wiky on Apr 27, 2015 5:23pm

What happened today?

Great news and gold up. I guess I was expecting more than one cent increase.
Comment by BrahmaViddo on Apr 27, 2015 7:04pm
A JUNIOR mining company with 400,000,000 shares out answers your question... this company should have 1/4 of that, if you want a more favorable reaction to "good" news
Comment by Allthewaydown on Apr 27, 2015 8:09pm
Actually agree with Brahma on this... issuing the flow thru shares last year was an error, and retiring the debentures needs to be a priority. A 5:1 consolidation to $5-6/share would ultimately lower the beta and make it more of an investment stock than a trading stock. Seen enough wild swings without fundamental reasons that I just mechanically buy in the troughs (last one $0.92) and sell near ...more  
Comment by geoffs13 on Apr 27, 2015 8:43pm
My 2 cents is that there is just too many shares O/S and the DEB. due Sept /17 or convert to shares .That is a real hang over for the market to come to terms with . Sure wish Tony would address the problem . Any body going to ask the question at the AGM ??
Comment by lccommoner on Apr 27, 2015 9:41pm
Concur with these latest posts.  Way too many shares outstanding!  A four or five to one consolidation is what's needed.  Timing is important.  Consolidate and then have a KNOWN series of good news.  Mr. Makuch and team have been good at getting production up and keeping production costs under control.  Now they need to demonstate they know how to handle running ...more  
Comment by 8gramsplus on Apr 28, 2015 8:17am
Dude  stop the Spin    LSG "LONGS" relax , don't drink the cool-aide, this dude and others are giving out about shares outstanding   Let the drills Speak , that grows assetts   LSG  will hardly be a junior the way Tony is planning   who ever implies that LSG is not going higher is a fool   Market cap,  fine in ...more  
Comment by BrahmaViddo on Apr 28, 2015 8:48am
Oh Muffin. You just can't see it. LSG has been putting out "good" news releases for a while with no movement in share price. Do you really think debt retirement will move the SP? NOPE. Somehow Tony will find a way to pile on more shares and more debt
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