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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 shawk on Jul 08, 2015 1:17am

IDM Mining

I see from IDM's Feb presentation https://www.idmmining.com/_resources/presentation/IDM_Corp_Presentation_Feb_2015.pdf that LSG had 9.8% of the outstanding shares after the latest deal https://www.idmmining.com/_resources/news/150616.pdf Lakeshore will control 18.43% of the outstanding.
IDM's Red Mountain property seems to have some serious potential.
Comment by Risktaker7 on Jul 08, 2015 8:52am
When lakeshore first option the mexico properties to Revolution (IDM), I think they would  have had almost 20% interest in the company, but then came the reverse split,name change and IDM dumped the properties to focus on Red Mountain and Lakeshore refinaced the deal and got back up to 18%. Risk
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