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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 > Back to where I started
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Post by Barolo12 on Nov 20, 2015 4:12pm

Back to where I started

Share price back to where I purchased a year ago.  Where is a good take over rumour when you need one :)
Comment by Wolfin13 on Nov 21, 2015 12:46pm
IMHO.......An announcement from Tech that it has made an offer to takeover LSG......this would confirm Tech is moving in a major way into the PM sector and that they have confirmed that a major mind numbing resource at TW & TPW...........it could even be assumed to parrallel the McIntyre/Hollinger combined mine ounces.............deep rich HG resource multi multi kilometres in length open in ...more  
Comment by goldhappy on Nov 21, 2015 2:10pm
Something major can happen. It's just simmering on the drilling right now. With Kirland Lake Gold swallowing the little minow SAS on the cheap it is an indication people see opportunity in Timmins. LSG took a slice of pie on the cheap. Maybe gold Corp will make a move on all of us. That will give them huge exploration and production potential in one of the most favoured gold belts in the world ...more  
Comment by Wolfin13 on Nov 21, 2015 2:52pm
The current market cap of EXS is between 4-5 million............even at a buyout Price of say 0.20/EXS share thats less than the TME takeout price.......
Comment by windwalker4 on Nov 21, 2015 7:53pm
I believe lsg will or already has an offer on the table , just like some of the smaller oil/gas/liquid plays,any of the larger cap gold companies, need to buy to survive!!! Thats just the way it works sas is but one example ,, mto, is likely target and boz's new joint venture up near Atlin is another. .
Comment by JRaffles on Nov 22, 2015 11:21am
I have also come back to where I started - bot LSG @ $3 in 2009 and sold over $4, but then invested in MTO - I should have stuck with LSG. LSG shareholder should do well in a takeover, but MTO has a lifetime 20% gold stream and not the earnings to get out of a hole.
Comment by BrahmaViddo on Nov 22, 2015 7:00pm
Bahahaha ha. ..Teck is laying off thousands of people... they won't be buying anything for a long time...especially a gold play when gold is expected to go under 1000
Comment by windwalker4 on Nov 22, 2015 10:32pm
just plain wrong on so many levels ,...Brahma buy something else , like american bank stocks , ha,lol... Me , i am a patient investor , long on lsg , mto(not so much unfortunatley) and boz most definately! just my informed opinion(research is the key) . dyodd.