Post by
barbados2016 on Feb 14, 2016 11:39am
Alternatives to LSG
I know a lot of shareholders are upset by the is deal. Personally I would have preferred the company "go it alone for another year" so I will be voting no to this merger. In the meantime perhaps we can compile a list of gold stocks to consider should we wish to sell LSG (assuming the merger goes thru and we choose not to hold LSG). I have been looking at WDO and Alamos gold as two possible candidates to replace LSG. Any other suggestion maybe be useful to others in the same boat. barbados2016
Comment by
SKRiderFan on Feb 14, 2016 12:14pm
I like KGI since they combined with SAS for the following reasons: They are both cash flow positive in a bad commoditiy market The proximaty the mines and properties KGI had low debt and SAS was debt free When combined they will have 100 mil cash In disclosure i had SAS and believe the combined operations will be larger than the sum of the parts Good Luck y'all
Comment by
Dagg1946 on Feb 14, 2016 3:47pm
Barbados check out B2 (BTO) Gold they are producing huge ounces annually
Comment by
mycashsgoesohno on Feb 14, 2016 3:51pm
Dagg1946 i dont want to muddy up the forum with other company chatter but we publically calles BTO a buy at 90 cents $CAD. It is short 24 million shares or so last report. Tomorrows should be enlightening.Still a buy in our opinion.LSG is the Grand Daddy with Canadian Gold SOARING over $300 bucks since December and oil costs dropping.
Comment by
mycashsgoesohno on Feb 14, 2016 4:00pm
Damn! I can spell i just cant type! I will not mention it again.publicly called
Comment by
ilovetojumpem1 on Feb 14, 2016 8:22pm
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Comment by
Rescue9 on Feb 14, 2016 7:27pm
check out B2 (BTO) Gold they are producing huge ounces annually B2Gold Corp is a gold producer with three operating mines, two in Nicaragua and one in the Philippines.