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otterman

02/19/16 11:42 AM

#361396 RE: AugustaFriends #361356

LSG has been bought by Tahoe Res. There is mass confusion about the purchase price with Tahoe claiming 1.71 but their math pointing to a price considerably lower in the 1.25 range.

Tread carefully.

http://www.otcmarkets.com/stock/LSG/news

"28.6% premium to the closing share of Lake Shore Gold on February 4, 2016."

Closing price on Feb 4 was .97 x 1.286 = 1.247 which is a far cry from the suggested 1.71.