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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 Risktaker7 on Nov 26, 2015 3:04pm

Why Now?

Why would anyone subscribe to a PP with a 45% premiun to buying shares on the open market? When this happens there is always information or plans shared that the retail investor never knows until the news is released. It is a no brainer to adding more shares to my holdings knowing this, but I wish we were given the same information to keep our share price from lagging behind.



Risk
Comment by gawedge on Nov 26, 2015 3:29pm
Please explain more what this means
Comment by steve957 on Nov 26, 2015 3:44pm
What is a flow-through share? A flow-through share is a special type of common share issued only in Canada by oil and gas or mineral exploration companies. These shares allow you to claim federal and sometimes provincial, tax deductions or credits, if the company completes the steps required by the Canada Revenue Agency (CRA). The company will likely charge you a higher price for a flow-through ...more  
Comment by makingdough on Nov 26, 2015 4:58pm
Would have neen nice if they had given more detailed information on what the money was for. Just like IR not returning emails (ad me to the list of people that didn't even get the courtesy of a reply) they seem content of treating the owners of this company like mushrooms. No wonder we're almost a penny stock again. 
Comment by bigdaddycash on Nov 26, 2015 3:41pm
pure tax play.  for example, if individual or entity is in the 50% tax bracket then the net cost is actually $0.775.  or, if the individual or entity is in the 30% bracket the net cost is today's market price of $1.01.  really cannot read more that this is a tax play for purchaser. 
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