Comment by
Risktaker7 on Jan 27, 2016 12:12pm
I thought there was only about 1 million debentures issued. I am not sure but I would think this is a error within the same house. Getting back to the new presentation, thanks for pointing out that Lakeshore is targeting 60% growth in the future. That would mean they are looking to add 100,000 ounces more to their production. Risk
Comment by
borne2run on Jan 27, 2016 4:32pm
Debenture trades are reported based on face value. Each debenture has a face value of $100. So a trade of 1 million represents 10,000 debs. Yes, total outstanding debentures is slightly higher than 1 million, representing a debt of around $100 million.