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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 > I will vote against the merger
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Post by clubsoda on Feb 24, 2016 5:48am

I will vote against the merger

- piss poor permium
- LSG has been coming into its own as it matures: retiring debt, better results
- I'd be interested to see what Tony's new package will be in his new roll (renumeration) - did he really have shareholders in mind?
- who says yes to the 1st offer?
- i like the so called benefits that are listed on Tahoe's site for us.  Their mine is a wold away! no benefit for us, really?

my 2 cents
Comment by ERTguy on Feb 24, 2016 9:46am
I don't know, I think this stock could be trading at 2.50 anyways by the time the merger is done.  Tahoe is way undervalued in the current environment and is nowhere near it's 52 week high.  For a company that's making positive earnings quarter after quarter, I wouldn't be surprised to see Tahoe trading at $18 within the next 2 months.  This puts LSG at a significant ...more  
Comment by bigdaddycash on Feb 24, 2016 10:25am
yeah, but it may have gotten to 3 bucks without being diluted by a third world silver mine.   another offer needs to come.  gold bull market re-energized.  LSG is the premier junior producer.  safe jurisdiction.  low cost.  exploration potential.   we need at least 3 bucks.  
Comment by ERTguy on Feb 24, 2016 10:52am
I agree it's not "best case scenario" however either way any of us that bought in the last 6 months are going to come out laughing and with money in the bank.  The nice synergistic effect of course is if Silver continues on it's recent rally.  Holding shares in both companies as I like the story here.  I think this imminent acquisition in the long run benefits both ...more  
Comment by geoffs13 on Feb 24, 2016 11:08am
vote -----NO ---NO---NO
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