Post by
goldhappy on Feb 08, 2016 10:37am
The Large OWNERS...do they agree??
I am talking a bit from memory. The large owners are the investment and banking and pension companies who have been holding LSG for years. Tony had a free reign as operartor and manager and I must admit did a great job. We are/were about to reep the benifit of higher gold prices in a crashing economy. What just happened to our reep will be in the hands of these large stake holders. Tony spent much time with this deal. Did he spend the right amount of time talking with the large investors? It should be interesting in the days ahead. If I owned 51% the deal would need to be a whole lot sweeter. Maybe the low ball and information leak was to soften us up...or steel some shares at much lower price as others have suggested. This is not likely the end as gold soars and economies weaken.
Comment by
goldhappy on Feb 08, 2016 12:10pm
Thanks for the insite silver300. Tony is a liing prrick re openning trade 45 minutes before the market closed Friday. prrrick prrrrick prrrick
Comment by
makingdough on Feb 08, 2016 12:14pm
Yep, a real douche bag. Hope they fine the bejeesus out of him.
Comment by
Basswood on Feb 08, 2016 12:28pm
EXACTLY! All respect lost for management! Yep, opened back up so more shares could be taken on the low.
Comment by
Eagle-Arc on Feb 08, 2016 12:31pm
Well finally everyone taking those rose coloured glasses off & seeing what this Tony really has done here, some good law firm needs a job starting with LSG deceitful moves this is the only way to handle dishonesty, brings them all in line. GLTAL's