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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 > What happens to my shares?
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Post by MannyB on Mar 31, 2016 3:33pm

What happens to my shares?

So, i have 10000 shares of LSG at $2.01. Now that the Tahoe deal is approved, how much am I getting for my LSG shares in equivalent? i believe the deal was approved at $1.71 a share, can someone explain this in simple terms?
Comment by TenthDay on Mar 31, 2016 3:45pm
This post has been removed in accordance with Community Policy
Comment by SKRiderFan on Mar 31, 2016 4:04pm
Hey Manny, you will have 1467 shares of THO. Hope this helps SK
Comment by Saint2709 on Mar 31, 2016 4:23pm
this is the formula (T.THO x .1467) = your conversion to T.THO shares
Comment by TenthDay on Mar 31, 2016 5:37pm
This post has been removed in accordance with Community Policy
Comment by tony27 on Mar 31, 2016 8:53pm
looks like you get 1467 shares of tahoe so lets say it goes to $20 a share you make $29340 equivalent to lsg going to $2.93 a share. i think im right just trying to help.
Comment by Trashenstein09 on Mar 31, 2016 9:20pm
$20 a share of Tahoe is an example righit not wishful thinking? $15 to me is a realistic share price for Tahoe. When it gets to that level the rest of my shares will be up for sale. Tahoe shareholders got a freaking good acquisition.
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