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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 JRaffles on Feb 08, 2016 12:08pm

GgoldCorp

It has been suggested that G may not bid for LSG, since they would have an interest via their 25% shareholding in Tahoe.

However, with a paper bid for LSG, G's interest via Tahoe would be diluted to, say, 15%.

With a 25% shareholding in Tahoe, G may be in a position to add this % to theri earnings.  However, with an investment reduced to 15%, would probably mean that G would not be able to report earninss in their P&L.
Comment by chapulin on Feb 08, 2016 12:14pm
Wait a sec, I thought I read somewhere that Goldcorp sold all their interest in THO back in the summer!
Comment by Sumcan2 on Feb 08, 2016 12:15pm
VANCOUVER, British Columbia, June 30, 2015 – Tahoe Resources Inc. (Tahoe) (TSX: THO, NYSE: TAHO, BVL: THO) announced today the closing of the previously announced secondary offering of Tahoe shares beneficially held by Goldcorp Inc. (Goldcorp) (TSX: G, NYSE: GG). A total of 58,051,692 Tahoe common shares beneficially held by Goldcorp were sold at an offering price of CAD$17.20 per share (the ...more  
Comment by elmoreno68 on Feb 08, 2016 12:36pm
G divested its stake in THO last year. elmoreno
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