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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 > The Large OWNERS...do they agree??
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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 HARJAY on Feb 08, 2016 10:49am
Major Shareholders  LSG   Funds   Name Shares Held % Total Shares Held Shares Change % Chg from Prior Port % Total Assets   Date of Portfolio   Star Rating    ...more  
Comment by silver300 on Feb 08, 2016 11:58am
Large shareholders often have different needs such as a need for dividends or to lighten up on shares with a low share price or they get to buy into a private placement (with free warrants) offered by the suitor six months down the road that ordinary shareholders cannot participate in or a convertible debenture offer. Or just a good exit point for any of many unique reasons. Their approval does ...more  
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 goldhappy on Feb 08, 2016 12:22pm
 A lot of folks would have bought the bait Friday as Tony shadowed what was or had potential to be done. No question this company was given away. Had he got a major premium we might think different, The fact is he through us out with the dishwater in my opinion. This stock was secure and waiting for the 144 GAP data and climbing gold price and investors clammering to  safe haven. I want ...more  
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
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