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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 > RE:LSG A Building Company
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Post by cre8value on Sep 10, 2015 1:23pm

RE:LSG A Building Company

goldhappy - Good Post.

  You have some excellent points some, that I happen to disagree with.

  First off. Building a Company.

  Yes. I agree with you there.
 
  If it were your job to build a company and you owned it, you would want MONTHLY
  status reports.
  Why?
  You are spending over $2 million a MONTH in exploration.

  What did you get for your $2 million last month? Do you know?

  Let's say the drilling results were horrible and only a certain few get to know that.
  
  Carry forward to this month.
 
  Let's say the drilling results are horrible AGAIN.

  Now, you have created an environment where the few get to know this information and
  trade on it. You might like this, I don't know, but for most this is a cheater's paradise.

  Management and owners create the culture.

  Having the monthly gold pours is very positive, productive and open. I support this 100%.

  Why not do the same for the drilling results?

Comment by goldhappy on Sep 10, 2015 1:56pm
Very good points cre8value. You will always have a few know all the details. It might not be such a good idea to have shareholders hanging by their finger nails each month. A few holes on a very large program means little to an outsider. It is the information that steers the geologist. For example often rock holes indicate a contact and the program winds down in that area. Holes in rock that have ...more  
Comment by WaynerBob10 on Sep 10, 2015 2:39pm
I agree with Shawk.  There will be no results until After Temex vote  to accept the take over deal from LSG.  That happens next Monday so we should not have to wait much longer
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