Replies to post #361356 on ORIONS Money Stocks

[otterman]

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.