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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 > Goldcorp Announces Secondary Offering of Shares of Tahoe Res
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Post by bigdaddycash on Jun 15, 2015 5:25pm

Goldcorp Announces Secondary Offering of Shares of Tahoe Res

gross proceeds of C$998,489,102.   looks like GG is building a huge cash position.  much larger than needed for LSG purchase.  must be much larger acquisition.  gltals...
Comment by SKRiderFan on Jun 16, 2015 12:03pm
more like survival mode on their balance sheet they have 4.6 bil on long term debt, 987 mil in accounts payable, 287 mil in short term debt and lost .13 a share in the last qt. At $1200 oz there are very few miners making money and LSG is one of the few. Hats off to Tony and his crew
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