Total sale ? Too bad i would of liked to see what McBride could of done to grow it.
The website has 38 properties total but wasn't sure how current that was.
They all look like nice properties.
Are all facilities for sale ?I know they had mentioned the possibility of a merger.
Would you know how many facilities are left. I think some other ones had options on them.
Little confused. Have not been invested long but did see value and got in about a month ago.
The Feds are insisting on inflation. Here is your hedge, right here for almost nothing.
Sharon, Reservoir has no debt either. As of late last year anyway.
I often felt that being in that one potentially dangerous country is what has held the stock price down. Good point by you.
It is more than copper for one thing. And more then one property.
Not only that,
there are several other exciting properties that come with it.
I have owned NSU from before the first gold pour and always loved it.
Unappreciated value that may now be realized.
I think a lot of the problem NSU stock price has is due to where their main operation is located.
The new company combination will open things up a bit and once the "dust settles" I think you will see more value.
Not sure short term but long term it looks like a good combination of companies.
Looking at Reservoir Minerals website they do seem to be well run with a lot of potential.No debt as of late last year. Not sure if dividend will stay. That might #$%$ some people off.
Walks like a duck - quacks like a duck - must be a duck.
Nope. It's a goose !!
Not always what it looks like.
The whole idea was to fund the future without diluting shares.
They probably didn't expect such a strong reaction, I agree.
When they , the management , talked about transitioning into something of a different company do you know what they mean ? I read it somewhere but couldn't find details.
I believe you are misinformed. LSG holders feel ripped, not because of the price or quality of TAHO,
but because of the low value they got for their shares.I believe you will see just how good the LSG/TEMEX
assets are in the future. There is no question that LSG is in a better situation being part of TAHO but people saw a nice upside as a stand alone.
It is what it is.
Not promising anything . Neither did the CEO in my opinion.
They suggested, in my opinion, that if everything stayed well they could maintain the dividend.
No one could have foreseen what happened in the credit and commodities markets.
There is a possibility that will be the reason the lawsuits may get tossed.
Yes it does. Only you have a lot less shares.Approximately one share of TAHO for every 7 shares of LSG that you had. Taho does pay a small dividend however. LSG did not.
Remains to be seen whether it was a good deal for either side. Many believe LSG holders got ripped.
Under the terms of the Arrangement Agreement, all of the Lake Shore Gold issued and outstanding common shares will be exchanged on the basis of 0.1467 of a Tahoe common share per each Lake Shore Gold common share (the "Exchange Ratio"). Upon completion of the Transaction, existing Tahoe and Lake Shore Gold shareholders will own approximately 74% and 26% of the pro forma company, respectively, on a fully-diluted in-the-money basis.
The Exchange Ratio implies a consideration of C$1.71 per Lake Shore Gold common share, based on the closing price of Tahoe common shares on the Toronto Stock Exchange (TSX) on February 5, 2016, representing a 14.8% premium to the closing price of Lake Shore Gold on February 5, 2016 and a 28.6% premium to the closing share of Lake Shore Gold on February 4, 2016. Based on each company's 20-day volume weighted average price on the TSX, the Exchange Ratio implies a premium of 25.7% and 30.4% to Lake Shore Gold common shares for the periods ending February 5, 2016 and February 4, 2016, respectively. The implied equity value (assuming the conversion of in-the-money convertible debentures) is equal to C$945 million.
Seems like they have to send out a lot of reminders.
No one interested in wasting their time ??