LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

Locking in on Profit

[Trashenstein09]

I did sell 66.67% of my investment in LSG today. The number came to me based on what Tahoe needs to make this deal go thru on Thursday. I voted no on all my share last week.

I am not sure whether LSG will drop based on the vote on March 31st. If it does, will Tahoe sweeten its offer. What I can not figure out is why no other mining company jumped in to out bid the Tahoe offer. Maybe that may still come post vote (if No).
In the meantime, POG has taken a breather and Yellen's speech will signal direction of both stock market and POG (IMO). How can the decision by this person have such an impact when world economies suffer? Then one needs to consider terrorism impact. All is not doom and gloom though. Still healthy!

So after owning LSG since the days of Holmer, I sit a lot lighter and in search of where to put todays sale as I approach retirement.

[rollon]

Look at Harte Gold. I left LSG and put a percentage into HRT. Check out the story.

[Eagle-Arc]

I know the feeling, sold out a little early myself, but bought most of my pile back. Voted yesterday on 4 control #'s all "NO's" still feel like this is going much higher especially after Janet's little speech good for her. Great seeing gold react positive, this could start a real movement when the shorts really come to life, LSG may see $2.50+ yet. Just look at the mess

[geoffs13]

Colud you expand on--- "P"------problem ---please .Who is P and what is the problem ,;ove your $2.50 plus more estimate.  

[Eagle-Arc]

geoffs13: "P" is Primero, bought out "BRG" (brigus) gold, Dec 13 roughly timeframe, they are a silver & gold producer in Mexico. Now big tax issues with the Mexican gov. plus now somewhere I read lawsuit starting up in USA. about lost funds (re income) pertaining to investors go figure. That's what has me concerned in regards to LSG/THO, & their foreign involvement.

[Trashenstein09]

The way i see it,  parting witb 2/3 of my shares secured proncipal regardless  of vote outcome.  If price goes up, i benefit  on a 1/3 basis.  Ultimately I  had to not fall prown to waiting too long  for an outcome  i wouldnt be happy with. If the stock drops after  vote,  there maybe an opp to repurchase  though my faith in  the BOD is

[Eagle-Arc]

Trashenstein09: by all means you did the right move, I either sell too early which I did, but after a long nights thought bought most of it back. Then that holding on is all too well known, the crystal ball is always foggy, oh well time will time, just have this feeling gold's going northward, going to hold this LSG as if I was holding Tony. GL.

[goldhappy]

I strongly agree with you eagle-arc about the risk.Such a rich silver and gold company. Greed will rule. I do buy the good story for now. As long as bribary and government are on board Tahoe should be ok. If gold and silver move higher there may be some very good returns to glean.  

[goldhappy]

Trash...the reason Yellons words mean so much is because she is the spokes person for the Illuminati or the 1%ers. Her group is the money god of the world. The Rothschilds of a few hundred years ago started banks in Germany,England,France,Austria and I think Italy. They bribed royalty to borrow money which in turn ran countries broke and made the Rothschilds a fortune. The family expanded under